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Medical Office with Portico
For Lease
$18 SF/Yr

2401 State Avenue #100, Panama City, FL 32405

Monument signage on State Avenue and on-site parking serve the property.

Space SizeContact for details
Days on Market1190

Property Features for 2401 State Avenue #100

General Information

Standard status Active

Additional Details

Space Use Office

Building Details

Year Built 2000
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall
Source: Emeraldgulfrealty
Added: Jul 27, 2023 Changed: Oct 25 Last Checked: Oct 26 at 3:47AM

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

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Investment Insights

Based on property information with market context.

This medical office property at 2401 State Avenue includes a prominent portico entrance and on-site parking. The building was constructed in 2000. The current office occupant is expected to move to a new building soon; Eye Center South occupies the east side of the building.

The property is just north of 23rd Street, near Gulf Coast Medical Center, with access from State Avenue. Monument signage is available along the avenue.

Key Highlights

  • Medical office property built in 2000
  • Prominent portico entrance and on‑site parking
  • Monument signage along State Avenue

Property Analytics

Current Use

Eye Center South Medical Clinic Management Services Department County Government Office April Lyne Lowe Physician Sturridge Kirk A MD Ophthalmologist Basagi Zsolt C ... Physician

Suggested Use

Top Pick HVAC Service Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,456
Businesses Nearby
Under-served
Demand for This Use

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

$19.31 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
12,752 SF
Avg Space Size

This space is priced 7% below the average of $19.31 /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

Similar Off Market Nearby

  • Forest Park Animal Hospital PA — 2640 Jenks Ave, Panama City, FL 32405
  • Forest Park Animal Hospital PA: Baker Ashley DVM — 2640 Jenks Ave, Panama City, FL 32405

Frequently Asked Questions

What type of property is this?
Medical Office Space - Monument signage on State Avenue and on-site parking serve the property.
Where is this medical office space located?
The property is located at 2401 State Avenue #100 Panama City, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Medical office property built in 2000; Prominent portico entrance and on‑site parking; Monument signage along State Avenue
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