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Office Buildings with Day Care Center
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705 & 707 Jenks Avenue, Panama City, FL 32401

Two contiguous parcels combine office suites, a day care center, playground, shared parking, and rear-alley access.

Property SizeContact for details
Days on Market144

Property Features for 705 & 707 Jenks Avenue

General Information

Standard status Active
Property subtype Office
Occupancy 100%
Net Operating Income $80,967

Additional Details

Road Access Yes
Office Units 6

Building Details

Year Built 2000
Buildings 2
Tenancy Multi
Listing Agency: Counts Real Estate Group
Listed By: Charlie Haas · License #3021473
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:34AM

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 Counts Real Estate Group

Investment Insights

Based on property information with market context.

This office property comprises two contiguous parcels totaling almost 1 acre in Downtown Panama City. The 705 Jenks Avenue parcel contains a converted older home occupied by a day care center, along with a playground and shared parking. At 707 Jenks Avenue, an office building constructed in 2000 provides six separate suites and is occupied by four tenants in insurance, dental, financial, and surveying or real estate businesses.

The property has access from Jenks Avenue and a rear alley, with parking serving the improvements. The combined site includes two separate addresses and is reported at 100% occupancy. Existing uses span office and day care operations, with the parcels functioning as a contiguous commercial property.

Key Highlights

  • Almost 1 acre across two contiguous commercial parcels
  • 707 Jenks Avenue office building constructed in 2000
  • Six separate office suites with four current tenants

Property Analytics

Current Use

Exceed Learning Daycare ... Daycare Center RGA Kids Academy ... Daycare Center

Suggested Use

Top Pick Bakery Garden Center (Bike/Boat/Book/etc) Store Catering Service Acupuncture Tanning 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

6
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,726
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Two contiguous parcels combine office suites, a day care center, playground, shared parking, and rear-alley access.
Where is this office building located?
The property is located at 705 & 707 Jenks Avenue Panama City, FL.
What are key features of this property?
This property features: Almost 1 acre across two contiguous commercial parcels; 707 Jenks Avenue office building constructed in 2000; Six separate office suites with four current tenants
(850) 248-3615 Call to check price and availability
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