Multi-Tenant Office
For Lease
Contact for pricing
490 Grace Ave, Panama City, FL 32401
Professional workspace in a multi-tenant complex with access to on-street and nearby public parking.
Space Size1,522 SF
Days on Market13
Property Features for 490 Grace Ave
General Information
Standard status
Active
Size
1,522 SF
Net Rentable
1,522 SF
Property subtype
OFFICE
Lease Type
NNN
Space & Availability
Available Space
1,522 SF
Contiguous Space
1,522 SF
Space Use
Office
Building Details
Tenancy
Multi
Spaces For Lease
at 490 Grace Ave Contact us- Floor
- 1
- Size
- 1,522 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
490 Grace Ave $25/SF/Yr
- Professional Office Setting
- 460 Grace Ave (1,522 SF)
- Central Downtown Panama...
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Contact us
Listing Agency:
Five Bridges Real Estate Services
(850) 532-5454
Listed By:
Anna Branch · License ##BK3424407
(850) 960-3418
Source:
Moodyscre
Added: Aug 12
Changed: Aug 22
Last Checked: Aug 23 at 11:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Bridges Real Estate Services
Investment Insights
Based on property information with market context.
This 1,522-square-foot office unit is located within a multi-tenant office complex designed for professional occupants. The property offers a dedicated office setting with access to on-street parking and large public parking lots positioned on the north and east sides.
The office complex sits in downtown Panama City between City Hall and the Downtown Post Office, placing it within the city’s central business area. Its multi-tenant configuration provides a shared commercial setting for office users, while the surrounding public parking supports convenient access for occupants and visitors.
The office complex sits in downtown Panama City between City Hall and the Downtown Post Office, placing it within the city’s central business area. Its multi-tenant configuration provides a shared commercial setting for office users, while the surrounding public parking supports convenient access for occupants and visitors.
Key Highlights
- 1,522‑square‑foot office unit
- Located in downtown Panama City between City Hall and the Downtown Post Office
- Part of a multi‑tenant office complex
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 32401, FL
20,487
Population
10,239
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
1,639
Density / Sq Mi
$49,901
Median Household Income
$35,885
Median Earnings
$1,194
Median Rent
$207,000
Median Home Value
Market
Lease Benchmarks for Panama City, FL
$17.68 /SF/Yr
Avg Asking Price
$5.87–$44 /SF/Yr
Price Range
27,088 SF
Avg Space Size
This space is priced 41% above the average of $17.68 /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 - Professional workspace in a multi-tenant complex with access to on-street and nearby public parking.
Where is this office units located?
The property is located at 490 Grace Ave Panama City, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,522‑square‑foot office unit; Located in downtown Panama City between City Hall and the Downtown Post Office; Part of a multi‑tenant office complex
