The typical asking rate per listing is in the $10's per square foot per year. The Panama City submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 18 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,980 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1979 and are Class A.