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Two-Building Office Units
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401 N Spring St, Pensacola, FL 32501

Two office buildings offer separate leasing configurations, conference and training areas, reception space, and on-site parking.

Space Size2,044 SF - 7,060 SF
Days on Market226

Property Features for 401 N Spring St

General Information

Standard status Active
Size 2,044 SF - 7,060 SF
Net Rentable 2,044 SF
Property subtype OFFICE

Space & Availability

Available Space 2,044-7,060 SF
Divisible Yes
Space Use Office

Spaces For Lease

at 401 N Spring St Contact us

Downtown Office w/ Parking $2,895/Mo

Floor
1
Size
2,044 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Downtown Office w/ plenty of PARKING! 401 N. Spring St. is +/- 2,044 SF, has 3-4...
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Downtown Office w/ Parking! $7,106/Mo

Floor
1
Size
5,016 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Downtown Office w/ plenty of PARKING! 411 N. Spring St. is +/- 5,016 SF, has a lobby/reception,...
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Downtown Office w/ Parking $9,413/Mo

Floor
1
Size
7,060 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Downtown Office w/ plenty of PARKING! This property consists of 2 buildings and...
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Listing Agency: DeVries Realty Group, LLC
Listed By: Logan DeVries, CCIM, CPM, MiCP
Source: Moodyscre
Added: Jan 16 Changed: Aug 30 Last Checked: Aug 30 at 2:05PM

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 DeVries Realty Group, LLC

Investment Insights

Based on property information with market context.

This downtown office offering includes two buildings that may be leased as one approximately 7,060 SF property or separately. The 2,044 SF building provides 3–4 private offices, a conference room, a training room, two restrooms, and on-site parking. The 5,016 SF building includes a lobby and reception area, 28 individual offices, a breakroom, four restrooms, and its own on-site parking.

The property is positioned two blocks west of Palafox St. and two blocks east of Belmont-Devilliers. The separate building layouts provide office configurations ranging from smaller private-office plans to a larger multi-office setup, with shared-use meeting and support areas available within the respective buildings.

Key Highlights

  • Approximately 7,060 SF across two office buildings
  • 2,044 SF building with 3–4 offices, conference room, training room, and 2 restrooms
  • 5,016 SF building with 28 individual offices, lobby/reception, breakroom, and 4 restrooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Florist Dental Office (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

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
$0.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,021
Businesses Nearby

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

$47.91 /SF/Yr
Avg Asking Price
$9.6–$200 /SF/Yr
Price Range
5,665 SF
Avg Space Size

This space is priced 90% below the average of $47.91 /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 units - Two office buildings offer separate leasing configurations, conference and training areas, reception space, and on-site parking.
Where is this office units located?
The property is located at 401 N Spring St Pensacola, FL.
What is the lease rate?
The lease rate is $2,895/Mo.
What are key features of this property?
This property features: Approximately 7,060 SF across two office buildings; 2,044 SF building with 3–4 offices, conference room, training room, and 2 restrooms; 5,016 SF building with 28 individual offices, lobby/reception, breakroom, and 4 restrooms
(850) 501-6868 Call to check price and availability
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