On average, listings lease in the $100's per square foot per year. The Southwest Tampa submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $65 per sqft per year. That's a 176% increase in rent.
In the last 90 days, 7 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available leases in the Southwest Tampa are subleases, so you might be able to snag a great spot on a short term. 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 4,590 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1920 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Southwest Tampa folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.