Build-to-Suit Office
For Lease
$18 SF/Yr NNN
3109 Minnesota Avenue, Panama City, FL 32405
Commercial for Lease, Panama City, FL
Space Size3,000 SF - 103,000 SF
Days on Market1085
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. Suite 220 is located just inside the main West Entrance of Building 2 (the 2-story building). Left side of the lobby/entry.
Subdivision
27 - Bay County
Standard status
Active
APN
11818-000-000
Size
106,094 SF
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: Sep 25, 2023
Changed: Sep 11
Last Checked: Sep 13 at 4:06AM
MLS# 953606
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.
This 106,094-square-foot office property, built in 1995, offers a combination of finished suites and unfinished areas for customized build-outs. The north portion of the first floor includes 3,000 to 8,000 square feet configured for immediate occupancy, with workstations potentially available for tenant use. Additional warm-shell space includes 12,000 square feet on the first floor and 15,000 square feet on the second floor. The landlord will complete improvements for qualifying long-term credit tenants.
The office center is positioned near Highway 77 and Baldwin Avenue in Panama City, adjacent to and north of Haney Vocational Training School. Available space is offered under an NNN lease structure, with operating expenses and sales tax applying separately.
The office center is positioned near Highway 77 and Baldwin Avenue in Panama City, adjacent to and north of Haney Vocational Training School. Available space is offered under an NNN lease structure, with operating expenses and sales tax applying separately.
Key Highlights
- 106,094 square feet of office space; built in 1995
- 3,000 to 8,000 square feet of built‑out first‑floor space
- 12,000‑square‑foot first‑floor warm‑shell area
Property Analytics
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Current Use
Lease Details
Yes
Highway access
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 3% below the average of $18.61 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office suites include move-in-ready space and warm-shell areas suited to customized tenant improvements.
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 $18 SF/Yr.
What are key features of this property?
This property features: 106,094 square feet of office space; built in 1995; 3,000 to 8,000 square feet of built‑out first‑floor space; 12,000‑square‑foot first‑floor warm‑shell area
