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Office Units With Build-Out
For Lease
$19.10 SF/Yr

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 Market1427

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.
Subdivision 27 - Bay County
Standard status Active
APN 11818-000-000
Size 106,094 SF
Lot size 10.00 Acres

Building Details

Year built 1995
Listing Agency: Counts Real Estate Group Inc
Listed By: Christopher S McCall · License #666647
Added: Dec 1, 2022 Changed: Oct 1 Last Checked: Oct 28 at 10:06AM
MLS# 915536

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.

Rey
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Investment Insights

Based on property information with market context.

Office space is available within the Tyndall Federal Credit Union Operations Center, with offerings ranging from 3,000 to 103,000 square feet. The north half of the first floor includes 3,000 to 8,000 square feet of built-out space intended for immediate occupancy, and workstations may be available for tenant use. The south portion of the first floor and the second floor are offered in warm-shell condition, providing room for tenant-specific improvements. The landlord will complete finish-to-suit work for long-term credit tenants.

The property occupies a 10-acre site at 3109 Minnesota Avenue in Panama City, near the intersection of Highway 77 and Baldwin Avenue. It is adjacent to and north of Haney Vocational Training School. The first-floor shell area measures 12,000 square feet, while the second-floor shell area measures 15,000 square feet.

Key Highlights

  • 3,000 to 103,000 square feet of office space available
  • 3,000 to 8,000 square feet of built‑out first‑floor space
  • First‑floor shell area totals 12,000 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Auto Repair Shop Law Firm Big Box & Wholesale Store

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
$2.87 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 2% above 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 - Flexible office availability includes move-in-ready suites and warm-shell areas for tenant-specific improvements.
Where is this office unit located?
The property is located at 3109 Minnesota Avenue Panama City, FL.
What is the lease rate?
The lease rate is $19.10 SF/Yr.
What are key features of this property?
This property features: 3,000 to 103,000 square feet of office space available; 3,000 to 8,000 square feet of built‑out first‑floor space; First‑floor shell area totals 12,000 square feet
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