Plaza Terrace Retail

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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: July 27, 2017

Plaza Terrace Rates

On average, listings lease in the $30's per square foot per year. The Plaza Terrace submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Tampa Bay market, the Plaza Terrace submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Plaza Terrace Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Plaza Terrace are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 15,450 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 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 region. Commute by car is the most popular way to get to work amongst Plaza Terrace residents. Commuting approximately 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