Most listings are in the $10's per square foot per year. The Panama City region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 18 listings have come on the market, which means listings are probably going fast. 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 2,980 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1979 and are Class A.