Most listings are in the $30's per square foot per year. The North Central Pensacola submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a 109% rise in rent.
In the last 90 days, 15 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 18,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst North Central Pensacola folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.