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Two-Story Office Building
For Lease
$16 SF/Yr

3109 Minnesota Avenue, Panama City, FL 32405

Commercial for Lease, Panama City, FL

Space SizeContact for details
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 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: Sep 11 Last Checked: Sep 13 at 2:06AM
MLS# 915537

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.

The property is a two-story office building totaling 106,094 square feet on a 10-acre site. Built in 1995, it is identified as the Tyndall Federal Credit Union Operations Center and is offered for lease.

Located at 3109 Minnesota Avenue in Panama City, the property is reached from Highway 77 North via Baldwin Road and Minnesota Avenue. The Operations Center is adjacent to Haney Vocational Training Center and south of Mosley High School.

Key Highlights

  • 106,094‑square‑foot office building
  • Two‑story configuration
  • 10‑acre site

Property Analytics

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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

NNN (Triple Net)
Lease Type
$2.40 /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
View Realmo Analytics

Market

Lease Benchmarks for Panama City, FL

$20.43 /SF/Yr
Avg Asking Price
$15.13–$35.13 /SF/Yr
Price Range
31,814 SF
Avg Space Size

This space is priced 22% below the average of $20.43 /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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office property available for lease with substantial site area.
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; Two‑story configuration; 10‑acre site
More about this property
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