Flex Space with Conditioned
New
For Lease
$14.50 SF/Yr
123 Gwyn Drive, Panama City Beach, FL 32408
Office and warehouse areas include secure entry, a conference room, and three roll-up doors.
Space Size7,800 SF
Days on Market5
Property Features for 123 Gwyn Drive
General Information
Standard status
Active
Size
7,800 SF
Class
B
Property subtype
Office Warehouse
Zoning
C-4 Research & Design
Lease Term
NNN
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
5,600 SF
Office Build-Out
2,200 SF
Conditioned Warehouse
Yes
Additional Details
Available From
2027-05-01
Road Access
Yes
Building Details
Building Size
7,800 SF
Spaces For Lease
at 123 Gwyn Drive
123 Gwyn Dr
$14.50/SF/Yr
Size
7,800 SF
Type
Office Building
Term
Negotiable
Listed By:
Patrick Jones, SIOR
(850) 814-5878
Source:
Naiglobal
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 4:22AM
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 Patrick Jones, SIOR
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines approximately 2,200 SF of office space with approximately 5,600 SF of fully conditioned warehouse area. The office layout includes five offices, a large conference and training room, restrooms, and a secure foyer. Warehouse features include three roll-up doors, 16-foot peak and 14-foot eave heights, a secure cage, and a steel mezzanine. Keypad entry and an alarm remain, with the tenant responsible for service.
The property sits on the NSA Panama City boundary in Trophy Business Park, with access to Navy Boulevard and a distance of less than 0.6 mile from the Main Gate. Gulf Coast State College, FSU Panama City, and Port Panama City are nearby. Zoned C-4 Research & Design under Bay County zoning, the property is available May 1, 2027.
The property sits on the NSA Panama City boundary in Trophy Business Park, with access to Navy Boulevard and a distance of less than 0.6 mile from the Main Gate. Gulf Coast State College, FSU Panama City, and Port Panama City are nearby. Zoned C-4 Research & Design under Bay County zoning, the property is available May 1, 2027.
Key Highlights
- Approximately 2,200 SF of office space with five offices, conference/training room, restrooms, and secure foyer
- Approximately 5,600 SF of fully conditioned warehouse space
- Three roll‑up doors: two 12′×12′ and one 10′×12′
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32408, FL
17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Market
Lease Benchmarks for Panama City Beach, FL
$11.35 /SF/Yr
Avg Asking Price
$1.88–$30 /SF/Yr
Price Range
11,247 SF
Avg Space Size
This space is priced 28% above the average of $11.35 /SF/Yr.
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas include secure entry, a conference room, and three roll-up doors.
Where is this flex space located?
The property is located at 123 Gwyn Drive Panama City Beach, FL.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Approximately 2,200 SF of office space with five offices, conference/training room, restrooms, and secure foyer; Approximately 5,600 SF of fully conditioned warehouse space; Three roll‑up doors: two 12′×12′ and one 10′×12′
