Most listings are in the $10's per square foot per year. The Panama City submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 32% rise in rent.
In the last 90 days, 109 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings in the Panama City are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1979 and are Class C.
Real time and historical data on commercial real estate listings in Panama City.
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