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Downtown Pensacola Executive Office Suites
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186 N Palafox St, Pensacola, FL 32502

Executive suites in historic downtown Pensacola building with on-site parking.

Space Size200 SF
Property Size6,485 SF
Days on Market1930

Property Features for 186 N Palafox St

General Information

Standard status Active
Size 200 SF
Class A
Total Parking Spaces 63
Property subtype Office
Lease Type Full Service

Building Details

Building Size 6,485 SF
Tenancy Multiple

Spaces For Lease

at 186 N Palafox St Contact us

Suite 205

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 210

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 215

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 216

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 221

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: SVN | SouthLand Commercial Pensacola
Listed By: Corey O'Kelley · License #SL3621912
Source: Crexi
Added: May 6, 2021 Changed: Aug 8 Last Checked: Aug 8 at 11:29AM

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 SVN | SouthLand Commercial Pensacola

Investment Insights

Based on property information with market context.

This property offers 25 executive suites, 2 conference rooms, and common areas. It is located in a historic building in the heart of downtown Pensacola, one block away from I-110, with direct access to Palafox and on-site parking. The location is near local breweries, shopping, entertainment, dining, and other office buildings. The property is one of the newest Phoenix Prowork Executive Office Spaces.

Key Highlights

  • Direct access to Palafox and on‑site parking.
  • Located in the heart of downtown Pensacola, near breweries, shopping, entertainment, and dining.
  • New Phoenix Prowork Executive Office Space with 25 Executive Suites.

Property Analytics

Current Use

Data Analyzers Data ... Tech Support Center TwoCan Design House Advertising Agency blue CPM - Commercial ... Property Management Company SVN SouthLand Commercial ... Real Estate Agency Captevrix Advertising Agency

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility Dental Office Building Supply Pharmacy

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
$5.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,198
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

$57.7 /SF/Yr
Avg Asking Price
$9.33–$200 /SF/Yr
Price Range
7,439 SF
Avg Space Size

This space is priced 40% below the average of $57.7 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Executive suites in historic downtown Pensacola building with on-site parking.
Where is this office units located?
The property is located at 186 N Palafox St Pensacola, FL.
What is the lease rate?
The lease rate is $34.50 SF/Yr.
What are key features of this property?
This property features: Direct access to Palafox and on‑site parking.; Located in the heart of downtown Pensacola, near breweries, shopping, entertainment, and dining.; New Phoenix Prowork Executive Office Space with 25 Executive Suites.
(850) 434-7500 Call to check price and availability
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