South Pensacola Office Space

South Pensacola

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,800
As of: January 19, 2017

South Pensacola Rates

Most listings are in the $10's per square foot per year. The South Pensacola submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.

South Pensacola Listing Supply

In the last 90 days, 8 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,800 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1957 and are Class Class B.

South Pensacola Community

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 market. Commute by bike is the most popular way to get to work amongst South Pensacola occupants. Commuting approximately an hour and a half 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 South Pensacola.
Market Report

Market Data

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