MLS # / / $10 PSF

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1 MLS # / / $10 PSF Prime Office Space for Lease in the Heart of Panama City, Florida Corporate Office Park Panama City, FL

2 Presented By: Don Nations Nations Real Estate 2325-A Frankford Avenue, Suite A Panama City, FL dfnations@aol.com , Office , Mobile , Fax The Corporate Office Park in Panama City is a well-maintained, professional business center with over 31,000 square feet of space in 7 buildings. The office park has a pylon sign on 23 rd Street across from Wal-Mart giving it added visibility along a hightraffic corridor. There are three spaces available for lease in the office park. All units can be built out as required. Tenant build out is negotiable. Price Size Space Type Tenancy 700 West 23 rd Street Panama City, FL $10.00 PSF NNN Unit B-20: 1,000 SF Unit D-28: 4,000 SF Unit F: 10,000 SF Office / Retail / Medical Multi-tenant Year Built 1988 Information contained herein was obtained from sources believed reliable; however, Nations Real Estate, LLC makes no guarantees, warranties or representations as to the completeness or accuracy thereof. This presentation of the property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice.

3 Panama City, Florida Area Information Panama City, the county seat of Bay County, is located in the Florida Panhandle on beautiful St. Andrews Bay by the Gulf of Mexico. Known as a popular tourist destination, Panama City is alive with activity, from quaint specialty shops to familiar national stores of all kinds and from superb local dining establishments to familiar restaurants. Now, through the efforts and dedication of many, the opportunity to expand development northward is becoming a reality. Major contributors to the continued growth and success of Panama City are Port Panama City located in the protected harbor of St. Andrews Bay, the Panama City and St. Andrew's Marinas located on Florida's Intercostals Waterway, and the higher education opportunities provided by the continued growth of Gulf Coast State College, Florida State University-Panama City, and Troy University-Panama City. Named one of the 100 Best Small Art Towns in America, the city is home to the Marina Civic Center and the Visual Arts Center. The almostperfect weather, friendly atmosphere, numerous activities and exciting possibilities combine to make Panama City a great place to live, work and play.

4 Location Information The Corporate Park Business Center is located on 23 rd Street across from a Wal-Mart shopping Center and next to a Publix Shopping Center. The office park is near Gulf Coast Medical Center and many national and regional retailers and restaurants such as Wal-Mart, Publix, Hobby Lobby, Sports Authority, Michaels, TJ Maxx, Big Lots, Applebee s, Wendy s, and Dollar General, as well as numerous locally owned businesses. Zoning Information This property is Zoned GC-2 GC-2, General Commercial: The purpose of this zoning district is to provide areas for intensive commercial activity including retail sales & services, wholesale sales, shopping centers, professional offices & services, & other similar land uses.

5 Demographic and Traffic Information Radius Ring Demographic Summary Report 1 Mile 3 Miles 5 Miles 2010 Population 5,343 43,962 78, Projected Population 5,904 49,986 89, Households 2,282 18,645 32, Projected Households 2,518 21,044 36, Average Household Income $57,226 $57,236 $60, Median Household Income $42,233 $38,889 $42,108 Traffic Counts Street Cross Street Cross Street Distance Distance from Subject Count Year Traffic Volume West 23 rd Street Stanford Road 0.09 W 0.19 Miles ,534 MPSI Stanford Road Charco Drive 0.02 N 0.27 Miles ,574 MPSI Airport Road W. Norwood Drive 0.08 SE 0.35 Miles ,815 MPSI West 23 rd Street State Avenue 0.09 W 0.37 Miles ,186 MPSI Airport Road 21 st Street 0.06 NW 0.37 Miles MPSI Jenks Avenue Southwood Street 0.06 S 0.52 Miles ,743 MPSI West 23 rd Street Winnona Drive 0.02 W 0.57 Miles ,029 MPSI Jenks Avenue Doctors Drive 0.03 S 0.57 Miles ,081 MPSI Lisenby Avenue West 22 nd Street 0.03 S 0.77 Miles ,976 MPSI West 23 rd Street Lisenby Avenue 0.09 E 0.83 Miles ,315 MPSI

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