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108 S Palafox St 4,500 SF of Retail Space Available in Pensacola, FL 32502
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,500 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $112,500 /YR $9,375 /MO | Triple Net (NNN) |
1st Floor
Designed for modern businesses, the property at 108 South Palafox Street offers a prime leasing opportunity in the heart of Pensacola, FL. Boasting state-of-the-art amenities and sleek, professional finishes, the building provides an exceptional environment for success. With ample natural light, spacious floor plans, and customizable layouts, tenants can tailor their space to suit their individual needs. The property also features dedicated parking, easy access to major highways, and is situated in close proximity to public transportation. Whether for an office or an entire office building, this prestigious location offers an unparalleled opportunity for businesses to thrive in a dynamic and thriving city. Inside, the space offers several private offices—ideal for focused work or one-on-one meetings—along with a spacious conference room perfect for team collaboration. Throughout the interior, you'll find beautiful exposed brick that adds warmth and character. It’s a great setup for businesses that value both privacy and personality.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Wi-Fi Connectivity
- Security System
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,500 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2000 |
| Property Subtype | Storefront | Parking Ratio | 0.44/1,000 SF |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,500 SF |
| Year Built/Renovated | 1900/2000 |
| Parking Ratio | 0.44/1,000 SF |
ABOUT THE PROPERTY
Right in the heart of downtown Pensacola, this spot puts you in the middle of everything that makes the area special. From local restaurants and boutique shops to art galleries and historic landmarks, it’s all just a short stroll away. Tenants can walk to places like the Pensacola Museum of Art or take a break in Plaza Ferdinand VII. The Pensacola Bay Center is nearby too, along with plenty of great dining options. It’s the kind of place where work and life blend together in the best way—perfect for professionals who want an inspiring, energetic setting.
- 24 Hour Access
NEARBY MAJOR RETAILERS
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108 S Palafox St
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