Most listings are in the $30's per square foot per year. The Plaza Terrace region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Tampa Bay market, the Plaza Terrace submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means spaces most likley are 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market 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 region. 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.