Functional Industrial Facility on
For Lease
$6,465/Mo Modified Gross
2370 N Palafox St, Pensacola, FL 32501
7,698 SF industrial facility with warehouse and office space for lease.
Space Size7,698 SF
Property Size8,084 SF
Days on Market202
Property Features for 2370 N Palafox St
General Information
Standard status
Active
Size
7,698 SF
Class
C
Property subtype
Industrial
Lease Term
MG
Building Details
Building Size
8,084 SF
Year Built
1998
Spaces For Lease
at 2370 N Palafox St Contact us- Size
- 7,698 SF
- Type
- Warehouse/Distribution
- Term
- 36 months
2370 N Palafox St (Sublease) $6,465/Mo
Listing Agency:
SVN | SouthLand Commercial Pensacola
(850) 380-3344
Listed By:
Michael Carro, CCIM · License #FL #BK3179263
(850) 380-3344
Source:
Svn
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 16 at 4:39AM
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 well-maintained 7,698± SF industrial facility, built in 1998, features a functional combination of 6,562± SF of warehouse space and 1,136± SF of office space. The building includes two 10’ grade-level roll-up doors, facilitating easy loading and unloading. The clear-span warehouse layout allows for efficient operations and storage flexibility, while the front office area is suitable for administrative, sales, or dispatch functions. Situated on N Palafox Street, the property benefits from excellent visibility and convenient access to major thoroughfares, including I-110 and US Highway 29. This versatile property is ideal for distribution, light manufacturing, or service-based businesses seeking a central Pensacola location. The lease is a sublease with a minimum 3-year term; the existing master lease expires January 28, 2028. The lease is offered as a Modified Gross Lease at $6465.39 monthly, with the tenant responsible for all utilities.
Key Highlights
- Excellent location on N Palafox Street with convenient access to I‑110 and US Highway 29.
- Functional combination of 6,562± SF warehouse and 1,136± SF office space.
- Clear‑span warehouse layout provides efficient operations and storage flexibility.
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32501, FL
10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value
Market
Lease Benchmarks for Pensacola, FL
$10.65 /SF/Yr
Avg Asking Price
$7.75–$18 /SF/Yr
Price Range
8,098 SF
Avg Space Size
This space is priced 10% below the average of $10.65 /SF/Yr.
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Portabello Market — 3001 N 9th Ave, Pensacola, FL 32503
Frequently Asked Questions
What type of property is this?
Flex space - 7,698 SF industrial facility with warehouse and office space for lease.
Where is this flex space located?
The property is located at 2370 N Palafox St Pensacola, FL.
What is the lease rate?
The lease rate is $6,465/Mo.
What are key features of this property?
This property features: Excellent location on N Palafox Street with convenient access to I‑110 and US Highway 29.; Functional combination of 6,562± SF warehouse and 1,136± SF office space.; Clear‑span warehouse layout provides efficient operations and storage flexibility.
