Panama City Sublease

Panama City

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$13
Median Size (sqft)
7,420
As of: June 25, 2017

Panama City Rates

On average, listings lease in the $10's per square foot per year. The Panama City region is seeing a a rise in rates. In the last 3 months, the median rate went up $13 per sqft per year.

Panama City Listing Supply

In the last 90 days, 23 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 61% of the available space in the Panama City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 7,420 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 1 floors. 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

Panama City Submarkets