On average, listings lease in the $10's per square foot per year. The Northwest Pensacola region is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 15% rise in rent.
In the last 90 days, 9 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 8,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Northwest Pensacola residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.