Functional Office Building in
For Lease
$18.50 SF/Yr
511 Phyllis St, Pensacola, FL 32503
Single-story office building suitable for medical or professional use.
Space Size3,524 SF
Lot Size0.47 Acres
Days on Market195
Property Features for 511 Phyllis St
General Information
Standard status
Active
Size
3,524 SF
Class
B
Lot size
0.47 Acres
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
3,524 SF
Year Built
2000
Spaces For Lease
at 511 Phyllis St Contact us- Size
- 3,524 SF
- Type
- Office Building
- Term
- Negotiable
511 Phyllis St $18.50/SF/Yr
Listing Agency:
Bellcore Commercial
(850) 232-2587
Listed By:
Robert Bell · License #FL #SL698346
(850) 232-2587
Source:
Bellcorecommercial
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 1:32PM
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 Bellcore Commercial
Investment Insights
Based on property information with market context.
This 3,524 square foot, single-story Class B office building is located in Pensacola's expanding commercial district on a 0.466-acre parcel. The property is designed for medical users, professional offices, administrative services, and service-based companies. The interior features a mix of private offices, conference areas, open workspaces, and dedicated reception areas. The building is located minutes from Baptist Hospital, Ascension Sacred Heart Hospital, and Interstate I-10, offering accessibility, visibility, and convenience for staff and clients. The property is move-in ready and requires minimal renovation. The location provides access and visibility near major thoroughfares, easy ingress and egress, and signage potential. The property is near the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
Key Highlights
- Strategic location in Pensacola's expanding commercial district, minutes from major hospitals and I‑10, providing excellent accessibility and visibility.
- Move‑in‑ready, well‑maintained 3,524 SF Class B office building suitable for various professional uses.
- Adaptable layout featuring a mix of private offices, conference areas, open workspaces, and reception areas designed for efficiency and comfort.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,620
Businesses Nearby
Explore this area
Business Placement
Demographics for 32503, FL
33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
Median Home Value
Market
Lease Benchmarks for Pensacola, FL
$21.38 /SF/Yr
Avg Asking Price
$15.88–$25 /SF/Yr
Price Range
29,584 SF
Avg Space Size
This space is priced 13% below the average of $21.38 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office building suitable for medical or professional use.
Where is this office building located?
The property is located at 511 Phyllis St Pensacola, FL.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Strategic location in Pensacola's expanding commercial district, minutes from major hospitals and I‑10, providing excellent accessibility and visibility.; Move‑in‑ready, well‑maintained 3,524 SF Class B office building suitable for various professional uses.; Adaptable layout featuring a mix of private offices, conference areas, open workspaces, and reception areas designed for efficiency and comfort.
