The typical asking rate per listing is in the $10's per square foot per year. The Panama City Beach submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.
In the last 90 days, 70 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Panama City Beach are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 2002 and are Class A.
Real time and historical data on commercial real estate listings in Panama City Beach.
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