South Pensacola Retail

South Pensacola

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,240
As of: July 25, 2017

South Pensacola Rates

Most listings are in the $10's per square foot per year. The South Pensacola region is going through a an increase in rates. In the last 3 months, the median rate increased $18 per sqft per year.

South Pensacola Listing Supply

In the last 90 days, 12 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 92% of the office spaces in the South Pensacola are subleases, so you might be able to find a shorter term or below market rent. 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 2,240 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 1958 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 area. Commute by bike is the most popular way to get to work amongst South Pensacola occupants. Commuting close to 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