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Ground-Floor Office Suite
New
For Lease
$28 SF/Yr

890 S Palafox, Pensacola, FL 32502

WRD zoning and shared restrooms leave the suite’s full area available for office operations.

Space Size1,100 SF
Days on Market3

Property Features for 890 S Palafox

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF
Class A
Property subtype Office
Zoning WRD
Lease Term NNN

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Floor Ground Floor
Space Use Office

Building Details

Building Size 1,100 SF
Year Built 2003

Spaces For Lease

at 890 S Palafox
Suite 108 $28/SF/Yr
Size 1,100 SF
Type Office Condo
Term 36 months
Contact us
Listing Agency: Bellcore Commercial
Listed By: Robert Bell · License #FL #SL698346
Source: Bellcorecommercial
Added: Oct 23 Last Checked: Oct 24 at 4:03PM

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

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Investment Insights

Based on property information with market context.

Suite 108 is a ground-floor office space measuring approximately 1,100 SF, with common-area restrooms. The building dates to 2003, and the property is zoned WRD (Waterfront Redevelopment District).

At 890 S Palafox Street in downtown Pensacola, the office is along the waterfront and offers direct waterfront access. Restaurants, retail, professional services, and the central business district are accessible from the location.

Key Highlights

  • Approximately 1,100 SF in Suite 108
  • Ground‑floor office suite
  • Common‑area restrooms

Property Analytics

Current Use

Pashia Groom, Ph.D. Physician Innovative Open MRI ... Medical Clinic Pensacola Military Housing Real Estate Agency Cris Jagar Physician Leif Sternung Physician

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,189
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

$73.47 /SF/Yr
Avg Asking Price
$8.09–$261 /SF/Yr
Price Range
5,124 SF
Avg Space Size

This space is priced 62% below the average of $73.47 /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

Frequently Asked Questions

What type of property is this?
Office unit - WRD zoning and shared restrooms leave the suite’s full area available for office operations.
Where is this office unit located?
The property is located at 890 S Palafox Pensacola, FL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Approximately 1,100 SF in Suite 108; Ground‑floor office suite; Common‑area restrooms
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