Most listings are in the $30's per square foot per year. The Northeast Tampa submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 20% rise in rent.
Compared to the rest of the Tampa Bay market, the Northeast Tampa region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 96 listings have been listed, so you'll want to check back regularly for new listings. About 70% of the available space in the Northeast Tampa 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,670 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Northeast Tampa residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.