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Office Suite
For Lease
$16 SF/Yr

3109 Minnesota Avenue #120, Panama City, FL 32405

Suite 120 has existing workstations that may be available for tenant use.

Space Size3,846 SF
Property Size106,094 SF
Days on Market850

Property Features for 3109 Minnesota Avenue #120

General Information

Standard status Active
Size 3,846 SF
Net Rentable 3,846 SF
Class A
Lease Type NNN

Space & Availability

Available Space 3,846 SF
Contiguous Space 3,846 SF
Space Use Office

Lease Terms

Lease Rate $16 /SF/YR
Monthly Rent $5,128
Rent per SF/Year $16

Additional Details

Highway Access Yes

Building Details

Building Size 106,094 SF
Year Built 1995
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall
Source: Emeraldgulfrealty
Added: Jul 1, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:35AM

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.

Suite 120 provides 3,846 rentable square feet of Class A office space in the Tyndall Federal Credit Union Operations Center. Existing workstations may be available to the incoming tenant. The building was constructed in 1995.

Unfinished warm-shell areas are available on the south side of the first and second floors. The landlord will complete these spaces to suit long-term credit tenants. The first-floor area is 12,000 square feet, and the second-floor area is 15,000 square feet.

The center is near Highway 77 and Baldwin Avenue, beside and north of Haney Vocational Training School.

Key Highlights

  • 3,846 rentable square feet in Suite 120
  • Existing workstations may be available for tenant use
  • Warm‑shell area totals 12,000 sq. ft. on the first floor and 15,000 sq. ft. on the second floor

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 Auto Repair Shop

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

Yes
Highway access
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

$18.7 /SF/Yr
Avg Asking Price
$1.53–$44.22 /SF/Yr
Price Range
35,860 SF
Avg Space Size

This space is priced 14% below the average of $18.7 /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

Frequently Asked Questions

What type of property is this?
Office unit - Suite 120 has existing workstations that may be available for tenant use.
Where is this office unit located?
The property is located at 3109 Minnesota Avenue #120 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: 3,846 rentable square feet in Suite 120; Existing workstations may be available for tenant use; Warm‑shell area totals 12,000 sq. ft. on the first floor and 15,000 sq. ft. on the second floor
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