For Lease $16.91 - $22.15/SF/YR
Property Type Office - General Office
Property Size 19,500 SF
Lot Size 0.52 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1942
Year Renovated 2020
Date Updated Apr 3, 2024

Towne Centre Office Park @ 5th & Grace is located in the center of it all in downtown Panama City. The Towne Center Office complex is a multi-tenant office building and offers numerous suite options from 1,000 SF up to 4,500 SF with assemblage options available for a larger user possible. Towne Center has been recently updated to include new flooring, interior grey paint tones with oversized trim. Many office suites possess exposed brick walls. A unique Panama City office location ideally located in the middle of the reemerging downtown the operating pass-through expenses are estimated $3.82/ SF (2023).Towne Centre Office Park @ 5th & Grace is in the center of it all in downtown Panama City. The Towne Center Office complex is a multi-tenant office building and offers numerous suite options from 1,000 SF up to 4,500 SF with assemblage options available for a larger user possible. Towne Center has been recently updated to include new flooring, interior grey paint tones with oversized trim. Many office suites possess exposed brick walls. A unique Panama City office location ideally located in the middle of the reemerging downtown the operating pass-through expenses are estimated $3.82/ SF (2023).

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Attachments

Highlights

Professional Office Setting
Central Downtown Panama City
Multi-Tenant Office Complex
On-Street Parking & Large Public Parking Lots on the north & east sides
Convenient to City Hall & Downtown Post Office

Spaces Available

109 W 5th Street

Space Type General Office
Lease Rate $16.91/SF/YR
Total Space Available 4,500 SF
Divisible Space 4,500 - 6,000 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Town Centre Suite 109 - 4,500 SF: counter reception area, lobby, two conference rooms, 15 individual offices +, two restrooms, kitchen break area, rear exit (to the alley). Floor plan and 3d virtual tour provided.

Kevin Wattenbarger

Five Bridges Real Estate Services

(850) 532-5454

465 Grace Ave.

Space Type General Office
Lease Rate $1,800.00/MO
Total Space Available 975 SF
Divisible Space 975 - 975 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Kevin Wattenbarger

Five Bridges Real Estate Services

(850) 532-5454

Contacts

Kevin Wattenbarger

Five Bridges Real Estate Services

(850) 532-5454

Location

Getting Around

Walk Score ®
71/100 Very Walkable
Transit Score ®
22/100 Minimal Transit
Bike Score ®
53/100 Bikeable

Map
Street

City Panama City, FL
Neighborhood Downtown Panama City
Zip Code 32401
Market Pensacola

Points of Interest

Chevron

0.87 miles
Chevron

1.37 miles
Chevron

2.25 miles
Exxon

2.29 miles
Marathon

2.30 miles
Exxon

2.31 miles
Beeline

2.48 miles
Chevron

2.66 miles
Sam's Club

2.70 miles
RaceWay

3.45 miles

Harvey De Mathis Park parking

3.54 miles
Harvey De Mathis Park parking

3.60 miles

Red Roof Inn Panama City

1.51 miles
Holiday Inn Panama City

2.03 miles
Country Inn & Suites by Radisson, Panama City, FL

2.18 miles
Howard Johnson by Wyndham Panama City

2.34 miles
Comfort Inn & Suites

2.36 miles
Hilton Garden Inn

2.45 miles
Azalea Court inn

2.46 miles
La Quinta Inn & Suites

2.53 miles
Quality Inn

2.56 miles
Courtyard by Marriott Panama City

2.60 miles

The Place Downtown

0.09 miles
Tom's Hot Dogs

0.13 miles
McDonald's

0.33 miles
Bayou Joe's

0.34 miles
Big Mama's Country Cooking

0.41 miles
Subway

0.71 miles
Waffle House

1.29 miles
Popeyes

1.73 miles
Burger King

1.83 miles
Arby's

1.86 miles

Panama School

0.33 miles
United Cerebral Palsy School of Panama City

0.78 miles
Cove School

0.80 miles
Jinks Middle School

0.98 miles
Bay High School

0.98 miles
A D Harris Sixth Grade Center

1.16 miles
M. Cherry Street Elementary School

1.17 miles
Glenwood School

1.20 miles
Rosenwald High School

1.42 miles
Oscar Patterson Elementary School

1.53 miles

KinderCare

2.68 miles
Preschool Play House

4.35 miles

Frequently Asked Questions

How much does office space cost at Town Centre Office Park @ 5th & Grace?

The average price for office space at Town Centre Office Park @ 5th & Grace is $19.53/SF/YR. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at Town Centre Office Park @ 5th & Grace?

In total, there are 5,475 square feet of office space for rent at Town Centre Office Park @ 5th & Grace. Availability at this location includes general office. The property offers Multi-Tenant commercial space. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at Town Centre Office Park @ 5th & Grace?

Available office space at Town Centre Office Park @ 5th & Grace starts at 975 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 6 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at Town Centre Office Park @ 5th & Grace?

Office space available at Town Centre Office Park @ 5th & Grace provides up to 4,500 square feet, which can accommodate a maximum of 60 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is Town Centre Office Park @ 5th & Grace a good location for office space?

Town Centre Office Park @ 5th & Grace is located in the Downtown Panama City neighborhood of Pensacola. Town Centre Office Park @ 5th & Grace was first completed in 1942. The most recent renovation at this location was done in 2020. Office space here is rated class B. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 1 educational institution(s), 5 restaurant or other dining establishment(s).

Does Town Centre Office Park @ 5th & Grace have parking?

See listing location information regarding the nearest points of interest in the area. Contact the property representative for details on what the best vehicle access and parking options are near 101 W 5th Street.

How do I lease office space at Town Centre Office Park @ 5th & Grace?

If you want to find out more about the lease terms and office space availability at Town Centre Office Park @ 5th & Grace, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

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