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: August 19, 2017

South Pensacola Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Pensacola submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.

South Pensacola Listing Supply

In the last 90 days, 12 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings 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 posted, 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 close to 1 stories. Most buildings in this area 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 region. Commute by bike is the most popular way to get to work amongst South Pensacola residents. 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