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Office Building Near Haney Center
For Lease
$16 SF/Yr

3109 Minnesota Avenue, Panama City, FL 32405

Two-story office building near Haney Vocational Training Center.

Space SizeContact for details
Days on Market1240

Property Features for 3109 Minnesota Avenue

General Information

Standard status Active

Building Details

Year Built 1995
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CHRISTOPHER S MCCALL · License #666647
Source: Corcoran
Added: Apr 12, 2023 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC

Investment Insights

Based on property information with market context.

Located approximately one block north of Baldwin Road on Minnesota Avenue, this two-story office building is adjacent to Haney Vocational Training Center and south of Mosley High School. The property is situated near Highway 77 North. The property has a size of 106094 square feet and is intended for office use.

Key Highlights

  • Located near Tyndall Federal Credit Union OPERATIONS CENTER.
  • Adjacent to Haney Vocational Training Center.
  • South of Mosley High School.

Property Analytics

Current Use

Bay County Vet ... Community Center Tyndall Federal Credit ... Credit Union Rebuild Florida Center ... Government Economic Program Covenant Care - Panama ... Home Health Care Service Movable City Solar ... Production Facility

Suggested Use

Top Pick Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value

Market

Lease Benchmarks for Panama City, FL

$19.72 /SF/Yr
Avg Asking Price
$15.13–$35.13 /SF/Yr
Price Range
23,592 SF
Avg Space Size

This space is priced 19% below the average of $19.72 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building near Haney Vocational Training Center.
Where is this office building located?
The property is located at 3109 Minnesota Avenue Panama City, FL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located near Tyndall Federal Credit Union OPERATIONS CENTER.; Adjacent to Haney Vocational Training Center.; South of Mosley High School.
More about this property
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