North Central Pensacola Retail

North Central Pensacola

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,000
As of: February 19, 2017

North Central Pensacola Rates

Most listings are in the $10's per square foot per year. The North Central Pensacola region is seeing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 44% decline in rent.

North Central Pensacola Listing Supply

In the last 90 days, 15 listings have come on the market, which means leases most likley are leasing quickly. 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 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 1982 and are Class B.

North Central Pensacola Community

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 region. Commute by walking is the most popular way to get to work amongst North Central Pensacola folk. Commuting between 30 and 45 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 North Central Pensacola.
Market Report

Market Data

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

Ensley Submarkets