Most listings are in the $40's per square foot per year. The South Pensacola submarket is going through a a boost in rates. In the last 3 months, the median rate increased $29 per sqft per year. That's a 157% rise in rent.
In the last 90 days, 12 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1958 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 residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.