Most listings are in the $10's per square foot per year. The Northwest Pensacola region is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.
In the last 90 days, 9 listings have been listed, which means leases might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,970 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Northwest Pensacola folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.