Most listings are in the $30's per square foot per year. The Plaza Terrace submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Tampa Bay market, the Plaza Terrace submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 11 listings have been made available, which means office 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,670 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this market were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Plaza Terrace residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.