On average, listings lease in the $30's per square foot per year. The Raymond James Stadium submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 37% increase in rent.
Compared to the rest of the Tampa Bay market, the Raymond James Stadium submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Raymond James Stadium 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,850 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1990 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Raymond James Stadium occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.