On average, listings lease in the $30's per square foot per year. The Northeast Tampa submarket is going through a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 26% rise 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 region.
In the last 90 days, 49 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Northeast Tampa are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, 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 properties in this market are approximately 1 stories. Most buildings in this region 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 region. Commute by bike is the most popular way to get to work amongst Northeast Tampa occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.