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 went up $33 per sqft per year.
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, 96 listings have been made available, so you'll want to check back regularly for new listings. About 71% of the listings in the Northeast Tampa are subleases, so you might be able to find a shorter term or below market rent. 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 2,850 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1920 and are Class B.
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 residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.