The typical asking rate per listing is in the $10's per square foot per year. The Panama City region is seeing a a boost in rates. In the last 3 months, the median rate rose $13 per sqft per year.
In the last 90 days, 23 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 61% of the office spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,420 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1979 and are Class C.