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Class A Office Sublease Downtown
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70 N Baylen St, Pensacola, FL

Updated, Class A office space available for sublease downtown.

Space Size9,669 SF
Lot Size1.33 Acres
Days on Market489

Property Features for 70 N Baylen St

General Information

Standard status Active
Size 9,669 SF
Lot size 1.33 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 70 N Baylen St Contact us

Sublease - Class A Office Downtown $27.57/SF/Yr

Size
9,669 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
Yes
Class A office space downtown in the Regions Bank building available for sublease....
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Listing Agency: Neal & Company, LLC
Listed By: Donald Neal, CCIM, SIOR
Source: Moodyscre
Added: May 22, 2025 Changed: Sep 17 Last Checked: Sep 21 at 11:47AM

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 Neal & Company, LLC

Investment Insights

Based on property information with market context.

Class A office space is available for sublease in the Regions Bank building, located at 70 N Baylen St at W Garden St. The entire 3rd floor, totaling 9669 rentable square feet, has been recently updated with contemporary finishes and a modern vibe. The layout includes a mix of executive offices, support offices, and open space suitable for cubicles. It also features a large conference room, a smaller conference room, and a break room. The sublease includes parking rights for 20 on-site parking spaces. Controlled elevator access is available. The initial term of this sublease expires on 6/30/29, and the sublessee can negotiate lease terms beyond this date with the Landlord (Regions Bank) if required.

Key Highlights

  • Class A office space in the downtown Regions Bank building.
  • Entire 3rd floor with updated, contemporary finishes.
  • Sublease includes 20 on‑site parking spaces.

Property Analytics

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Current Use

ActiGraph LLC (Bike/Boat/Book/etc) Store Regions Mortgage Loan Service Christopher Benoit - Regions ... Loan Service Daria L. Allen ... Loan Service Joey Ziegler - Regions ... Loan Service

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Dental Office Storage Facility 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
$4.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,385
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Pensacola, FL

$73.97 /SF/Yr
Avg Asking Price
$8.09–$261 /SF/Yr
Price Range
4,874 SF
Avg Space Size

This space is priced 63% below the average of $73.97 /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 units - Updated, Class A office space available for sublease downtown.
Where is this office units located?
The property is located at 70 N Baylen St Pensacola, FL.
What is the lease rate?
The lease rate is $27.57 SF/Yr.
What are key features of this property?
This property features: Class A office space in the downtown Regions Bank building.; Entire 3rd floor with updated, contemporary finishes.; Sublease includes 20 on‑site parking spaces.
(850) 287-0871 Call to check price and availability
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