Most listings are in the $30's per square foot per year. The Downtown Pensacola region is seeing a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 37% increase in rent.
In the last 90 days, 33 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1957 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Pensacola folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.