Panama City Industrial

Panama City

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,090

Panama City Rates

The typical asking rate per listing is in the $10's per square foot per year. The Panama City submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $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 10% of the office spaces in the Panama City are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, 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 properties in this market are approximately 1 stories. Most buildings in this area 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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