The typical asking rate per listing is in the $30's per square foot per year. The Northeast Tampa region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Tampa Bay market, the Northeast Tampa submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 66 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Northeast Tampa are subleases, so you will probably have to focus your search on direct office leases. 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 2,210 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1913 and are Class A.
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 market. 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.