Office Building with Warm-Shell
For Lease
$16 SF/Yr
3109 Minnesota Avenue, Panama City, FL 32405
CommercialLease, Panama City, FL
Space Size3,000 SF - 103,000 SF
Days on Market1415
Property Features for 3109 Minnesota Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Commercial, City
Exterior features
Columns, RainGutters
Accessibility
Accessible Approach with Ramp, Accessible Elevator Installed
Subdivision
[No Recorded Subdiv]
Elementary school
Hiland Park
Middle school
Mowat
High school
Mosley
Directions
Highway 77 North to East on Baldwin Road. Then, first left (North) on Minnesota Avenue. The Tyndall Federal Credit Union OPERATIONS CENTER is +/- one block north, adjacent to Haney Vocational Training Center and south of Mosley High School. The Operations Center is the two-story building.
Standard status
Active
APN
11818-000-000
Size
106,094 SF
Taxes and HOA fees
Tax Description
21 3S 14W -24- 103C ST AND BAY DEV CO PLAT LOTS 115 & 126 ORB 1450 P 866
Legal Description
21 3S 14W -24- 103C ST AND BAY DEV CO PLAT LOTS 115 & 126 ORB 1450 P 866
Utilities
Sewer type
Public Sewer
Building Details
Year built
1995
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
SteelFrame, Stucco
Roof type
Membrane
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Chris S McCall · License #0666647
(850) 814-9889
Added: Dec 1, 2022
Changed: Sep 13
Last Checked: Oct 16 at 9:06AM
MLS# 735203
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 106,094-square-foot office building, completed in 1995, offers leasing opportunities ranging from 3,000 to 103,000 square feet. The south portions of the first and second floors are unfinished warm-shell space, including a 12,000-square-foot first-floor area and a 15,000-square-foot second-floor area. The landlord will complete the space to suit long-term credit tenants.
The property is located near Highway 77 and Baldwin Avenue in Panama City, adjacent to and north of Haney Vocational Training School. Construction includes a steel frame with stucco exterior, concrete flooring, and a membrane roof. An accessible elevator and ramped approach serve the building, which is connected to public sewer.
The property is located near Highway 77 and Baldwin Avenue in Panama City, adjacent to and north of Haney Vocational Training School. Construction includes a steel frame with stucco exterior, concrete flooring, and a membrane roof. An accessible elevator and ramped approach serve the building, which is connected to public sewer.
Key Highlights
- 106,094‑square‑foot office building completed in 1995
- Available office areas range from 3,000 to 103,000 square feet
- Unfinished warm‑shell space includes 12,000 square feet on the 1st floor
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Panama City, FL
$20.88 /SF/Yr
Avg Asking Price
$15.17–$35.13 /SF/Yr
Price Range
40,496 SF
Avg Space Size
This space is priced 23% below the average of $20.88 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office leasing includes unfinished areas that can be completed to suit long-term occupancy requirements.
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: 106,094‑square‑foot office building completed in 1995; Available office areas range from 3,000 to 103,000 square feet; Unfinished warm‑shell space includes 12,000 square feet on the 1st floor
