Plaza Terrace Office Space

Plaza Terrace

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
15,450
As of: June 28, 2017

Plaza Terrace Rates

The typical asking rate per listing is in the $30's per square foot per year. The Plaza Terrace submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.

Compared to the rest of the Tampa Bay market, the Plaza Terrace region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Plaza Terrace Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 60% of the listings in the Plaza Terrace are subleases, so you might be able to snag a great spot on a short term. 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 15,450 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this market were built in 1986 and are Class A.

Plaza Terrace Community

A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. 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.

Market Report

Trends and status of the commercial real estate market in Plaza Terrace.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Plaza Terrace.
Research