Panama City Retail

Panama City

Office Space Market Report

Number of Listings (last 90 days)
109
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
10,000
As of: August 17, 2017

Panama City Rates

Most listings are in the $10's per square foot per year. The Panama City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.

Panama City Listing Supply

In the last 90 days, 23 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 39% of the available leases in the Panama City are subleases, so you might be able to snag a great spot on a short term. 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 10,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1979 and are Class C.

Panama City Community

Market Report

Trends and status of the commercial real estate market in Panama City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Panama City.
Research