The typical asking rate per listing is in the $0's per square foot per year. The Southwest Pensacola region is seeing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 12,780 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1940 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Southwest Pensacola occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.