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.
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.
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.