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Office Space in Town Centre
For Lease
$25 SF/Yr

101 W 5th Street, Panama City, FL 32401

4,500 SF office suite with multiple offices and amenities.

Space Size1,522 SF
Property Size19,500 SF
Days on Market293

Property Features for 101 W 5th Street

General Information

Standard status Active
Size 1,522 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 19,500 SF
Year Renovated 2020

Spaces For Lease

at 101 W 5th Street Contact us

460 Grace Avenue $25/SF/Yr

Size
1,522 SF
Type
General Office
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Five Bridges Real Estate Services
Listed By: Kevin Wattenbarger · License ##BK3424407
Source: Commercialcafe
Added: Nov 24, 2025 Changed: Sep 9 Last Checked: Sep 12 at 4:39AM

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 Five Bridges Real Estate Services

Investment Insights

Based on property information with market context.

This 4,500 SF office suite, located in Town Centre, features a counter reception area and lobby. The layout includes two conference rooms, 15 individual offices, two restrooms, and a kitchen break area. A rear exit provides access to the alley. Floor plan and 3D virtual tour are available.

Key Highlights

  • 4,500 SF Suite available in a prime location.
  • Located in Town Centre, offering convenience and accessibility.
  • Includes 15+ Individual Offices, perfect for teams of any size.

Property Analytics

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Current Use

CompassPoint Wealth Management ... Financial Advisor Shean Wealth Management ... Financial Advisor Florida Therapy Services ... Medical Clinic Town Centre Offices Real Estate Agency Compass Point Wealth ... Bank

Suggested Use

Top Pick Bakery Garden Center Cafe & Coffee Shop Locksmith Gym & Fitness Center Catering Service

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 32401, FL

20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$18.61 /SF/Yr
Avg Asking Price
$5.87–$44.22 /SF/Yr
Price Range
29,169 SF
Avg Space Size

This space is priced 34% above the average of $18.61 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 4,500 SF office suite with multiple offices and amenities.
Where is this office units located?
The property is located at 101 W 5th Street Panama City, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 4,500 SF Suite available in a prime location.; Located in Town Centre, offering convenience and accessibility.; Includes 15+ Individual Offices, perfect for teams of any size.
More about this property
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