Unique Office Space Near
For Lease
$12,714/Mo
5102 Northbay Drive, Panama City, FL 32401
Privately held office building near FSU/GCSC campus for lease.
Space SizeContact for details
Property Size5,868 SF
Lot Size0.54 Acres
Days on Market894
Property Features for 5102 Northbay Drive
General Information
Standard status
Active
Size
5,868 SF
Lot size
0.54 Acres
Building Details
Year Built
2010
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES
(850) 534-3006
Listed By:
STEVEN C LINAHAN · License #3308666
Source:
Corcoran
Added: Feb 22, 2024
Changed: Mar 16
Last Checked: Mar 16 at 9:36AM
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 BERKSHIRE HATHAWAY HOMESERVICES
Investment Insights
Based on property information with market context.
This privately held building is situated on the FSU/GCSC campus, located within a quarter mile of Port PC and the Naval Base. The property offers potential for various uses. The owner is open to subdividing the office space but prefers to lease the entire property. The building features ample parking, an elevator, and is ADA compliant, including two handicap parking spots. A multi-year lease is preferred, with a minimum lease term of one year. The property has a size of 5868 square feet.
Key Highlights
- Unique location: The only privately held building on FSU/GCSC campus.
- Proximity: Located within 1/4 mile of Port PC and Naval Base.
- Ample parking available.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
886
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
$17.06 /SF/Yr
Avg Asking Price
$0.55–$44 /SF/Yr
Price Range
22,114 SF
Avg Space Size
This space is priced 52% above the average of $17.06 /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 - Privately held office building near FSU/GCSC campus for lease.
Where is this office units located?
The property is located at 5102 Northbay Drive Panama City, FL.
What is the lease rate?
The lease rate is $12,714 /Mo.
What are key features of this property?
This property features: Unique location: The only privately held building on FSU/GCSC campus.; Proximity: Located within 1/4 mile of Port PC and Naval Base.; Ample parking available.
