The typical asking rate per listing is in the $0's per square foot per year. The North Central Pensacola submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 15 listings have been made available, 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this market are around 1 stories. 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 market. Commute by walking is the most popular way to get to work amongst North Central Pensacola residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.