On average, listings lease in the $40's per square foot per year. The Beach Park region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Tampa Bay market, the Beach Park 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, 1 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 31,090 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 6 floors. Most buildings in this area were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Beach Park 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.