Town Centre Office Park @ 5th & Grace

101 W 5th Street, Panama City, FL 32401

  • For Lease $18.00/SF/YR
  • Property Type Office - General Office
  • Property Size 19,500 SF
  • Lot Size 0.52 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Renovated 2020
  • Date Updated Dec 11, 2024
Towne Centre Office Park is located in the heart of historic downtown Panama City, FL, at the corner of 5th Street and Grace Avenue. Positioned between City Hall and the downtown Post Office, it offers a prime location surrounded by revitalized businesses, local dining, and cultural attractions. This central spot provides excellent visibility and accessibility in a vibrant, growing district.Available for Lease: One Suite—4,500 SF Welcome to Towne Centre Office Park @ 5th & Grace, a prime office in the heart of historic downtown Panama City. Nestled between City Hall and the downtown Post Office, this multi-tenant office complex offers convenience, charm, and modern amenities. The Towne Centre has recently undergone updates, including new flooring, contemporary gray interior paint tones, oversized trim, seamlessly blending classic and modern aesthetics. Many office suites feature exposed brick walls, adding character and warmth to the workspace. Current co-tenants include prominent businesses such as Raymond James, iHeart Media, Edward Jones, Florida Architects, Cross Country Mortgage, BCC Engineering, Palm Pilates, and others, fostering a dynamic and professional environment. This unique office location is ideally positioned at the center of the revitalizing historic downtown, offering proximity to local businesses, restaurants, and cultural attractions. Operating pass-through expenses are competitively estimated at $5.36/SF for 2024. 3-D Tour and Floor plan are available in the documents section. Don’t miss this opportunity to establish your office in Panama City’s most distinguished and well-located office parks.
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Highlights

  • Professional Office Setting
  • One Suite Available - 4,500 SF
  • Central Downtown Panama City -between City Hall and downtown Post Office
  • Multi-Tenant Office Complex
  • Great Professional Co-Tenants
  • On-street parking & Large Public Parking Lots on the north & east sides

Spaces Available

Contacts

broker
Kevin Wattenbarger

Five Bridges Real Estate Services

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Transit Score ®

    22/100 Minimal Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Panama City, FL
  • Neighborhood Downtown Panama City
  • Zip Code 32401
  • Market Pensacola

Points of Interest

  • Chevron

    0.87 miles

  • AMI Gas

    1.48 miles

  • Exxon

    2.29 miles

  • Marathon

    2.30 miles

  • Murphy USA

    2.31 miles

  • Beeline

    2.48 miles

  • Circle K

    2.58 miles

  • Harvey De Mathis Park parking

    3.54 miles

  • Star Motel

    0.48 miles

  • Relax Inns

    0.55 miles

  • Sunlight Motel

    0.84 miles

  • Red Roof Inn Panama City

    1.51 miles

  • Holiday Inn Panama City

    2.04 miles

  • Country Inn & Suites, Panama City, FL

    2.18 miles

  • Howard Johnson by Wyndham Panama City

    2.33 miles

  • Comfort Inn & Suites

    2.36 miles

  • Hilton Garden Inn

    2.45 miles

  • Azalea Court inn

    2.46 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

  • Waffle Shoppe

    0.52 miles

  • Subway

    0.71 miles

  • Dan D's Donuts

    0.89 miles

  • Slice House

    1.04 miles

  • Tally-Ho Drive In

    1.25 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

  • Troy University - Panama City

    1.73 miles

  • Tom P Haney Technical College

    3.28 miles

  • Florida State University Panama City

    4.28 miles

  • Gulf Coast State College

    4.31 miles

  • Creative Kids Academy, Inc.

    1.21 miles

  • KinderCare

    2.68 miles

  • Pon's Child Development Center

    2.73 miles

  • Pon's Too

    2.76 miles

  • Little Babes Academy

    4.28 miles

  • Preschool Play House

    4.35 miles

  • Childcare Network

    4.49 miles

  • Hawk's Nest Learning Tree

    5.80 miles

  • First Step Child Development

    5.94 miles

  • Club 4 Kids Inc

    6.00 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 $18.00/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 4,500 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 4,500 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 30 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. 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 5 restaurant or other dining establishment(s), 1 hotel, motel, or other accommodation.

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.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Kevin Wattenbarger

Five Bridges Real Estate Services

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