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Remodeled Medical Office Suite
New
For Lease
$20 SF/Yr CAM $1,961 /USD/MO

8730 Thomas Drive #1101, Panama City, FL 32408

Ground-level corner space features a flexible office plan, abundant daylight, a kitchen, and two bathrooms.

Space SizeContact for details
Days on Market4

Property Features for 8730 Thomas Drive #1101

General Information

Standard status Active
Property subtype Commercial
Lease Type NNN

Space & Availability

Floor Ground Floor
Space Use Office
Condition Move-in Ready
Private Offices 5
Meeting Rooms 1

Lease Terms

Lease Rate $20 /USD/SF/YR
Monthly Rent $4,137
Rent per SF/Year $20
CAM $1,961 /USD/MO

Additional Details

Corner Location Yes

Amenities

natural light
floor-to-ceiling windows
full kitchen
two bathrooms
Central air
CeilingFans Cooling
Central Heating
Electric Heating
Landscaped

Building Details

Year Built 1985
Listing Agency: LOKATION REAL ESTATE
Listed By: MIHAIL I STOYANOV · License #BK3525922
Source: Corcoran
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:23AM

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 LOKATION REAL ESTATE

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Investment Insights

Based on property information with market context.

This 2,482-square-foot medical office suite at 8730 Thomas Drive, Unit 1101, has a remodeled interior and a ground-level corner configuration. The layout includes five private offices, a generous reception area, a large conference room, and rear space previously used for storage that can be adapted. Floor-to-ceiling windows bring natural light into all offices. A full kitchen and two bathrooms are also part of the suite.

The property is on Thomas Drive in Panama City, Florida, a short distance from the beach. Its corner position and windowed offices are notable features of the space. The year built is 1985.

Key Highlights

  • 2,482 square feet of remodeled medical office space
  • Five private offices plus a large conference room
  • Corner unit at ground level on Thomas Drive

Property Analytics

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Current Use

Beach Dental Studio Dental Office Benchmark Management PCB Vacation Rental Panama City Beach ... Brewery & Distillery Lagoon Landings Vacation ... Vacation Rental Veteran Adjusters, Inc. Financial Advisor

Suggested Use

Top Pick Dental Office Auto Repair Shop Furniture & Home Goods Law Firm Gym & Fitness Center Bakery

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
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Market

Lease Benchmarks for Panama City, FL

$19.31 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
12,752 SF
Avg Space Size

This space is priced 4% above the average of $19.31 /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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-level corner space features a flexible office plan, abundant daylight, a kitchen, and two bathrooms.
Where is this medical office space located?
The property is located at 8730 Thomas Drive #1101 Panama City, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,482 square feet of remodeled medical office space; Five private offices plus a large conference room; Corner unit at ground level on Thomas Drive
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