On average, listings lease in the $20's per square foot per year. The Raymond James Stadium submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 24% decline in rent.
Compared to the rest of the Tampa Bay market, the Raymond James Stadium region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been listed, which means spaces might be going fast. 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 3,610 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1990 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Raymond James Stadium residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.