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Panama City, FL NNN Properties for Sale

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Office Building with Multiple Entrances
Updated: Mar 6
Office Building with Multiple Entrances

854 Magnolia Avenue, Panama City, FL 32401

$775,000
1,708 sqft 0.64 AC lot
0.64‑acre lot with 1,708 square feet of office space
Two large suites, each with a gas fireplace, walk‑in closet, and custom tiled‑shower bath
Private entrances for each suite to support accessibility and potential separate use
Remodeled interior with newly refinished hardwood floors and cathedral ceilings
HVAC and water heaters within 3 years old and warrantied
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Circle K NNN Ground Lease
Updated: Mar 27
Circle K NNN Ground Lease

4645 Lindsey Xing, Panama City, FL 32404

Contact for pricing
3,956 sqft
Absolute NNN ground lease to Circle K, a fully passive investment.
5% rental increases every five years, ensuring consistent income growth.
Highly visible and easily accessible location along County Road 390 (17,000 AADT) and proximate to U.S. Route 231 (34,000 AADT).
Located as an outparcel to Publix Super Market at Panama City Centre, which welcomes over 500,000 visitors annually.
New construction (Year Built: 2026).
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Cookies Cannabis Dispensary For Sale
Cookies Cannabis Dispensary For Sale

226 W 23rd St, Panama City, FL 32405

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2,245 sqft

Single tenant Cookies Cannabis Dispensary in Panama City, Florida.

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NNN KFC with Drive-Up Window
NNN KFC with Drive-Up Window

427 S. Tyndall Parkway, Panama City, FL 32404

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Fee simple absolute net leased KFC includes a drive-up window and direct exposure along South Tyndall Parkway.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Panama City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

USPS-Leased NNN Property
USPS-Leased NNN Property

Port St Joe, FL 32456

$2,500,000
8,449 sqft 2.61 AC lot

Operating postal facility on a downtown commercial parcel with a modified NNN lease structure.

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NNN Postal Facility
NNN Postal Facility

502 Garrison Avenue, Port St Joe, FL 32456

$2,800,000
11,454 sqft

Operating USPS property with heated and cooled space, extensive parking, and C1-A Commercial zoning.

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Flex Space with Roll-Up Door
Flex Space with Roll-Up Door

1904 Cauley Ave, Panama City Beach, FL 32407

Contact for pricing

Flex space with an office area, upstairs loft storage, and a roll-up door for easy loading and unloading.

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Single-Tenant NNN Retail Property
Single-Tenant NNN Retail Property

10916 Hutchison Blvd, Panama City Beach, FL 32407

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Fee simple interest offered in a single-tenant retail property with NNN structure except for the roof.

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Panama City, FL Nnn Properties Market Trends and Statistics

Explore 4 nnn properties for sale in Panama City, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,909 square feet of properties for sale, with an estimated market value of $775,000.

Sale prices for triple net lease properties in Panama City, FL average $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 154K
Population Growth (5Y) +1,132.7%
Median Household Income $71,237
College Educated 29.8%

High-Yield Neighborhoods for Investment

Identify Panama City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32401 $775K
32405 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $28.37 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bay County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Bay County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Panama City fall within the 50,000 to 100,000 square foot range.

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