Panama City Industrial

Panama City

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,090

Panama City Rates

On average, listings lease in the $10's per square foot per year. The Panama City region is going through a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 32% increase in rent.

Panama City Listing Supply

In the last 90 days, 109 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Panama City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,090 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 1979 and are Class C.

Panama City Community

Market Data

Real time and historical data on commercial real estate listings in Panama City.
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