New Tampa Office Space

New Tampa

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
8,380
As of: June 25, 2017

New Tampa Rates

The typical asking rate per listing is in the $30's per square foot per year. The New Tampa submarket is going through a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.

New Tampa Listing Supply

In the last 90 days, 8 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 113% of the available leases in the New Tampa are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 8,380 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1999 and are Class A.

New Tampa Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst New Tampa occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

Lutz Submarkets