Most listings are in the $20's per square foot per year. The South Pensacola region is going through a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 29% increase in rent.
In the last 90 days, 12 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1957 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst South Pensacola folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.