Landmark Retail Corner in
For Lease
$25 SF/Yr
2 North Palafox Street, Pensacola, FL 32501
Trophy retail and office space in Downtown Pensacola available now.
Space Size345 SF - 1,640 SF
Property Size30,000 SF
Days on Market163
Property Features for 2 North Palafox Street
General Information
Standard status
Active
Size
345 SF - 1,640 SF
Class
B
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
30,000 SF
Spaces For Lease
at 2 North Palafox Street Contact us- Size
- 1,640 SF
- Term
- Negotiable
Suite 230 $25/SF/Yr
- Size
- 345 SF
- Term
- Negotiable
Suite 232 $30/SF/Yr
- Size
- 600 SF
- Term
- Negotiable
Suite 235 $25/SF/Yr
Listing Agency:
SVN | Southland Commercial Real Estate
Listed By:
Edie Humphrey · License #FL #BK665486
(850) 221-3686
Source:
Svn
Added: Mar 26
Changed: Aug 26
Last Checked: Sep 4 at 3:31AM
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 Real Estate
Investment Insights
Based on property information with market context.
Located at the intersection of Garden Street and Palafox Street in Downtown Pensacola, 2 North Palafox offers approximately 12,419 square feet of street-level retail space on the first floor. Additionally, approximately 4,529 square feet of office space is available on the second floor. The space can be divided into smaller units. Currently under renovation, the building serves as the gateway to the East Garden District development, representing a high-impact retail location. The East Garden District is an urban in-fill project focused on creating a live, work, play, shop, dine, and stay district. The development will feature 45,000 square feet of retail and restaurant space, a 9-story boutique hotel, mixed-use space, and over 250 upscale residential units.
Key Highlights
- Landmark trophy retail corner at the intersection of two main thoroughfares in Downtown Pensacola.
- Located in the East Garden District, Pensacola's first live, work, play, shop, dine, and stay district.
- High‑impact retail location in Downtown Pensacola.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,344
Businesses Nearby
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
$15.94 /SF/Yr
Avg Asking Price
$8.5–$25 /SF/Yr
Price Range
7,067 SF
Avg Space Size
This space is priced 57% above the average of $15.94 /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?
Retail space - Trophy retail and office space in Downtown Pensacola available now.
Where is this retail space located?
The property is located at 2 North Palafox 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: Landmark trophy retail corner at the intersection of two main thoroughfares in Downtown Pensacola.; Located in the East Garden District, Pensacola's first live, work, play, shop, dine, and stay district.; High‑impact retail location in Downtown Pensacola.
