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Class A Waterfront Office Building
For Lease
$25 SF/Yr

350 West Cedar Street, Pensacola, FL 32502

Premier office building with waterfront views and diverse tenant mix.

Space SizeContact for details
Days on Market177

Property Features for 350 West Cedar Street

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Tina Tortomase · License #FL #SL3309404
Source: Naiglobal
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 30 at 1:53PM

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 Tina Tortomase

Investment Insights

Based on property information with market context.

Maritime Place is a three-story, approximately 75,000 SF Class A waterfront office building, completed in 2014. It is located in Downtown Pensacola, adjacent to the $60 million Blue Wahoos Stadium, and offers direct views of Pensacola Bay. The building houses a diverse tenant base, including education, legal, financial, healthcare, and creative professional firms. The entire 2nd floor is available, renovated in 2022, and features approximately 90 high-end workstations, 10 private offices, 4 executive conference rooms, an oversized collaborative team room, and a state-of-the-art kitchen and dining area. The floor plan is bright and open with modern finishes and abundant natural light. Additional highlights include a striking elevator lobby with architectural detailing, contemporary glass entryways, and professional interior design. This turnkey opportunity is ideal for a corporate headquarters or regional office hub, offering a prestigious downtown setting with unmatched waterfront visibility.

Key Highlights

  • Premier Class A waterfront office building in downtown Pensacola.
  • Entire 2nd floor available, renovated in 2022, offering a turnkey opportunity.
  • Direct views of Pensacola Bay and Blue Wahoos Stadium.

Property Analytics

Current Use

Em Care Hospital Studer Education Training Center Moore, Hill & Westmoreland, ... Law Firm Charles F. Beall ... Law Firm Woodward Tiffany T Law Firm

Suggested Use

Top Pick Auto Parts Store Pharmacy Storage Facility Grocery & Convenience Store Auto Repair Shop 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,690
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
27,462 SF
Avg Space Size

This space is priced 20% 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
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Frequently Asked Questions

What type of property is this?
Office building - Premier office building with waterfront views and diverse tenant mix.
Where is this office building located?
The property is located at 350 West Cedar Street Pensacola, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Premier Class A waterfront office building in downtown Pensacola.; Entire 2nd floor available, renovated in 2022, offering a turnkey opportunity.; Direct views of Pensacola Bay and Blue Wahoos Stadium.
More about this property
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