On average, listings lease in the $30's per square foot per year. The Downtown Tampa submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
In the last 90 days, 37 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Downtown Tampa are subleases, so you will probably have to consider a longer term lease. 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 2,890 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 22 floors. Most buildings in this region were built in 1974 and are Class A.
Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Tampa folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.