On average, listings lease in the $20's per square foot per year. The Downtown Pensacola region is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
In the last 90 days, 32 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 38% of the available leases in the Downtown Pensacola are subleases, so you might be able to snag a great spot on a short term. 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 2,500 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1950 and are Class A.
A large portion of this area 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 occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.