The typical asking rate per listing is in the $30's per square foot per year. The Plaza Terrace region is seeing a a rise in rates. In the last 3 months, the median rate increased $37 per sqft per year.
Compared to the rest of the Tampa Bay market, the Plaza Terrace submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this region were built in 1986 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Plaza Terrace occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.