Flex Space with Outdoor
For Lease
$19.63 SF/Yr
5615 Wallace Road, Panama City, FL 32404
A warehouse-office layout, dedicated yard, and semi-truck access support a range of commercial operations.
Space Size3,200 SF
Days on Market92
Property Features for 5615 Wallace Road
General Information
Standard status
Active
Size
3,200 SF
Net Rentable
3,200 SF
Property subtype
Industrial
Space & Availability
Available Space
3,200 SF
Contiguous Space
3,200 SF
Space Use
Warehouse
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
2,500 SF
Office Build-Out
700 SF
Three-Phase Power
Yes
Building Details
Building Size
3,200 SF
Year Built
2026
Listing Agency:
Five Bridges Real Estate Services Co. LLC
Listed By:
Anna N Branch · License #SL3643916
(850) 960-3418
Source:
Gillmangrouprealty
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 26 at 4:12PM
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 Co. LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, this 3,200 SF flex facility combines 2,500 SF of warehouse area with 700 SF of air-conditioned office space. The building has three 12' x 12' overhead doors, three-phase power, a 14' eave height and 16' of clear height at the peak. Three restrooms are provided, including one with a shower. City of Callaway water and sewer serve the property.
An approximately 200' x 200' outdoor laydown yard complements the building, and the site accommodates semi-truck access. The property is on Wallace Road in Panama City, with access to Tyndall Parkway, Highway 22 and US Highway 98.
An approximately 200' x 200' outdoor laydown yard complements the building, and the site accommodates semi-truck access. The property is on Wallace Road in Panama City, with access to Tyndall Parkway, Highway 22 and US Highway 98.
Key Highlights
- 3,200 SF building with 2,500 SF of warehouse space and 700 SF of air‑conditioned office space
- Approximately 200' x 200' outdoor laydown yard
- Three 12' x 12' overhead doors; semi‑truck access
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.94 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32404, FL
38,186
Population
18,053
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
135.1 sq mi
ZIP Area
283
Density / Sq Mi
$72,208
Median Household Income
$38,701
Median Earnings
$1,355
Median Rent
$239,700
Median Home Value
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Market
Lease Benchmarks for Panama City, FL
$11.95 /SF/Yr
Avg Asking Price
$5.87–$19.63 /SF/Yr
Price Range
18,176 SF
Avg Space Size
This space is priced 64% above the average of $11.95 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Caroline's Food & Catering LLC — 827 Georgia Ave, Panama City, FL 32404
Frequently Asked Questions
What type of property is this?
Flex space - A warehouse-office layout, dedicated yard, and semi-truck access support a range of commercial operations.
Where is this flex space located?
The property is located at 5615 Wallace Road Panama City, FL.
What is the lease rate?
The lease rate is $19.63 SF/Yr.
What are key features of this property?
This property features: 3,200 SF building with 2,500 SF of warehouse space and 700 SF of air‑conditioned office space; Approximately 200' x 200' outdoor laydown yard; Three 12' x 12' overhead doors; semi‑truck access
