On average, listings lease in the $30's per square foot per year. The Northwest Tampa submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 77 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Northwest Tampa are subleases, so you will probably have to focus your search on direct office leases. 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 3,830 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Northwest Tampa folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.