The typical asking rate per listing is in the $10's per square foot per year. The North Central Pensacola region is seeing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 44% decline in rent.
In the last 90 days, 16 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1982 and are Class B.
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 area. Commute by walking is the most popular way to get to work amongst North Central Pensacola occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.