Tampa Bay Industrial

Tampa Bay

Office Space Market Report

Number of Listings (last 90 days)
648
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,500
As of: June 23, 2017

Tampa Bay Rates

On average, listings lease in the $20's per square foot per year. The Tampa Bay region is seeing a an increase in rates. In the last 3 months, the median rate increased $23 per sqft per year.

Compared to the rest of the Tampa Bay market, the Tampa Bay region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Tampa Bay Listing Supply

In the last 90 days, 648 listings have come on the market, so you'll want to check back regularly for new listings. About 117% of the available space in the Tampa Bay are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1966 and are Class B.

Tampa Bay Community

Market Report

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

Market Data

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