Warm-Shell Office
For Lease
$16 SF/Yr NNN
3109 Minnesota Avenue, Panama City, FL 32405
Commercial for Lease, Panama City, FL
Space Size3,000 SF - 103,000 SF
Lot Size10.00 Acres
Days on Market1382
Property Features for 3109 Minnesota Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
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.
Subdivision
27 - Bay County
Standard status
Active
APN
11818-000-000
Size
46,928 SF
Lot size
10.00 Acres
Building Details
Year built
1995
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Christopher S McCall · License #666647
(850) 814-9889
Added: Dec 1, 2022
Changed: Sep 11
Last Checked: Sep 13 at 11:06AM
MLS# 915572
Copyright © 2026 Emerald Coast 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.
Office units are available within the Tyndall Federal Credit Union Operations Center, with suite sizes beginning at 3,000 square feet. Portions of the south side of the first and second floors are in warm-shell condition, providing unfinished space for a landlord-led finish-to-suit program for long-term credit tenants.
The property occupies 10 acres at 3109 Minnesota Avenue in Panama City, near the intersection of Highway 77 and Baldwin Avenue. The first-floor shell area contains 12,000 square feet, while the second-floor shell area contains 15,000 square feet. The building was constructed in 1995, and lease terms are structured as NNN plus operating expenses and sales tax.
The property occupies 10 acres at 3109 Minnesota Avenue in Panama City, near the intersection of Highway 77 and Baldwin Avenue. The first-floor shell area contains 12,000 square feet, while the second-floor shell area contains 15,000 square feet. The building was constructed in 1995, and lease terms are structured as NNN plus operating expenses and sales tax.
Key Highlights
- Office units from 3,000 square feet
- 12,000‑square‑foot first‑floor warm‑shell area
- 15,000‑square‑foot second‑floor warm‑shell area
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
$18.61 /SF/Yr
Avg Asking Price
$5.87–$44.22 /SF/Yr
Price Range
29,169 SF
Avg Space Size
This space is priced 14% below the average of $18.61 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office suites include unfinished areas that can be completed to suit qualifying long-term tenants.
Where is this office units 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: Office units from 3,000 square feet; 12,000‑square‑foot first‑floor warm‑shell area; 15,000‑square‑foot second‑floor warm‑shell area
