Downtown Pensacola Sublease

Downtown Pensacola

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Downtown Pensacola Rates

Most listings are in the $20's per square foot per year. The Downtown Pensacola region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decrease in rent.

Downtown Pensacola Listing Supply

In the last 90 days, 23 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the office spaces in the Downtown Pensacola are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,950 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1950 and are Class A.

Downtown Pensacola Community

A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Pensacola residents. Commuting between 20 and 25 minutes 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 Downtown Pensacola.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Pensacola.

Pensacola Submarkets