Search
Class A Office Space with Finish-to-Suit
For Lease
$16 SF/Yr NNN

3109 Minnesota Avenue, Panama City, FL 32405

COMMERCIAL - Panama City, FL

Space Size3,000 SF - 103,000 SF
Days on Market1367

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 Elevator Installed, Accessible Approach with Ramp
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 30,000 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
Flooring type Concrete
Building materials SteelFrame, Stucco
Roof type Membrane
Listing Agency: Counts Real Estate Group Inc
Listed By: Chris S McCall · License #0666647
Added: Dec 1, 2022 Changed: Aug 4 Last Checked: Aug 29 at 8:06PM
MLS# 735204

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.

Investment Insights

Based on property information with market context.

Class A office space is available in the Tyndall Federal Credit Union Operations Center, with suites ranging from approximately 3,000 to 103,000 square feet. The south half of the 1st and 2nd floors is currently unfinished “warm-shell” condition, and the landlord will deliver finish-to-suit for long-term credit tenants.

The Operations Center is centrally located near the intersection of Highway 77 and Baldwin Ave, adjacent to and north of Haney Vocational Training School.

The listed shell availability includes 12,000 square feet on the 1st floor and 15,000 square feet on the 2nd floor. Lease terms are stated as $16.00 NNN plus operating expenses and sales tax. Call for details and to schedule a tour of the Operations Center.

Key Highlights

  • Class A office space available from 3,000 to 103,000 SF
  • Tyndall Federal Credit Union Operations Center near the intersection of Highway 77 and Baldwin Ave, north of Haney Vocational Training School
  • 1st floor shell space: 12,000 SF; 2nd floor shell space: 15,000 SF; south half of 1st and 2nd floors in warm‑shell condition

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 Hair Salon

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
Yes
Paved road access
NNN (Triple Net)
Lease Type

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

$17.16 /SF/Yr
Avg Asking Price
$15.13–$25 /SF/Yr
Price Range
19,992 SF
Avg Space Size

This space is priced 7% below the average of $17.16 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Class A office suites available in warm-shell condition with landlord finish-to-suit options for long-term tenants.
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: Class A office space available from 3,000 to 103,000 SF; Tyndall Federal Credit Union Operations Center near the intersection of Highway 77 and Baldwin Ave, north of Haney Vocational Training School; 1st floor shell space: 12,000 SF; 2nd floor shell space: 15,000 SF; south half of 1st and 2nd floors in warm‑shell condition
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message