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Premier Class A Office Building
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125 W Romana St, Pensacola, FL 32502

Class A office space in Pensacola CBD with water views.

Space Size1,110 SF
Property Size121,168 SF
Days on Market997

Property Features for 125 W Romana St

General Information

Standard status Active
Size 1,110 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 121,168 SF
Year Built 1985
Tenancy Multiple

Spaces For Lease

at 125 W Romana St Contact us

Suite 660

Size
1,110 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Stirling Properties, LLC
Listed By: Kylle Shoemaker · License #SL3513458
Source: Crexi
Added: Nov 29, 2023 Changed: Aug 21 Last Checked: Aug 21 at 5:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling Properties, LLC

Investment Insights

Based on property information with market context.

One Pensacola Plaza is a Class "A" office building situated in Pensacola's Central Business District (CBD), one block from Palafox Street, a retail and restaurant corridor. Palafox Street has been recognized as one of the Top 10 streets in America. The property has undergone capital improvements, including renovations to the ground floor lobby, common area foyers and hallways, common restrooms, and full building elevator replacements. The building offers water views of Pensacola Bay and the surrounding historical downtown area.

Key Highlights

  • Premier Class "A" office building in Pensacola CBD.
  • Tremendous water views of Pensacola Bay and historical downtown.
  • Located one block from Palafox Street, a Top 10 street in America for retail/restaurants.

Property Analytics

Current Use

US Drug Enforcement ... Federal Government Office Transamerica Agency Network Insurance Agency New York Life ... Financial Advisor Sandra Murr Starr, ... Insurance Agency Movement Mortgage Bank

Suggested Use

Top Pick Auto Parts Store Pharmacy Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,995
Businesses Nearby

Demographics for 32502, FL

4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value

Market

Lease Benchmarks for Pensacola, FL

$20.9 /SF/Yr
Avg Asking Price
$15.88–$25 /SF/Yr
Price Range
29,186 SF
Avg Space Size

This space is priced 53% above the average of $20.9 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office space in Pensacola CBD with water views.
Where is this office building located?
The property is located at 125 W Romana St Pensacola, FL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Premier Class "A" office building in Pensacola CBD.; Tremendous water views of Pensacola Bay and historical downtown.; Located one block from Palafox Street, a Top 10 street in America for retail/restaurants.
(850) 972-0161 Call to check price and availability
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