Tampa Industrial

Tampa

Office Space Market Report

Number of Listings (last 90 days)
218
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,000
As of: December 4, 2016

Tampa Rates

On average, listings lease in the $30's per square foot per year. The Tampa region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Tampa Bay market, the Tampa region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Tampa Listing Supply

In the last 90 days, 218 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available space in the Tampa are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1928 and are Class A.

Tampa Community

Market Report

Trends and status of the commercial real estate market in Tampa.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tampa.
Research