Downtown Pensacola Office Space

Downtown Pensacola

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,500
As of: May 23, 2017

Downtown Pensacola Rates

Most listings are in the $20's per square foot per year. The Downtown Pensacola region is going through a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 48% decline in rent.

Downtown Pensacola Listing Supply

In the last 90 days, 32 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the available space in the Downtown Pensacola are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1950 and are Class A.

Downtown Pensacola Community

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 residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Pensacola.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Pensacola.
Research

Pensacola Submarkets