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    124 E Wright St Pensacola, FL 32501

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $1,995 /Mo ($25 SF/Yr)

    943 SF Office, Prime Location, NNN Lease

    Lot size:
    943 SF

    Description

    Added:
    Mar 13, 2025
    Days on Market:
    300
    This exceptional 943-square-foot office suite is ideally situated in downtown Pensacola, Florida, at 124 E Wright St, Suite A. Located on the northwest corner of N. Tarragona St. and Wright St., this first-floor space offers unparalleled convenience and visibility. The suite boasts a spacious open layout perfect for a reception area or collaborative workspace, complemented by a private office, a storage closet, a restroom, and a dedicated break room. Ample parking is readily available directly in front of the building, ensuring easy access for clients and employees. The current configuration allows for a single large office and open workspace, but the layout could be easily adapted to create two private offices, maintaining the existing open area. The lease is a NNN (Net, Net, Net) agreement with a monthly rate of $1995. This property is a fantastic opportunity for businesses seeking a well-appointed, conveniently located office space in the heart of Pensacola's vibrant downtown area. The suite is currently available for lease. Utilities are not included in the monthly rent.

    Property Features for 124 E Wright St

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    943 SF
    USF (Usable sq. ft)
    943 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    1995

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 943 sq ft downtown Pensacola office suite available for lease.
    • Features a large reception area, private office, storage, restroom, and break room.
    • Convenient location with ample parking and prominent street corner visibility.
    Location Intelligence

    Current Use by Public Records

    Scoggins III, Inc. Real Estate Agency Hermitage Social Spirits Event Venue Pensacola Mardi Gras Association Or Organization Pensacola, FL Lodging Danny Zimmern, The Zimmern ... Commercial Real Estate Agency

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.213918
    Latitude
    30.417283

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    FAQs

    What type of property is this?
    Office property - 943 SF Office, Prime Location, NNN Lease
    Where is this office property located?
    The property is located at 124 E Wright St Pensacola, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 943 sq ft downtown Pensacola office suite available for lease.; Features a large reception area, private office, storage, restroom, and break room.; Convenient location with ample parking and prominent street corner visibility.
    (850) 501-6868
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    124 E Wright St Pensacola, FL 32501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 E Wright St Pensacola, FL 32501
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