The typical asking rate per listing is in the $10's per square foot per year. The Panama City submarket is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 30% decrease in rent.
In the last 90 days, 23 listings have been made available, which means office spaces might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 1979 and are Class C.