Most listings are in the $30's per square foot per year. The North Central Pensacola region is seeing a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 109% rise in rent.
In the last 90 days, 15 listings have been made available, which means new listings most likley are leasing quickly. 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 18,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region 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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.