The average asking rental rate per sq ft/year for Industrial properties in Tampa, FL as of Jun 11 was $6.31. This represents an increase of 1.0% compared to the prior 3 months, with a decrease of -1.8% year-over-year. County-wide, average rental rates in Tampa are +0.7% higher at $6.33 per sq ft/year for Industrial properties currently for lease.
Current Tampa market trends data indicates an increase of +0.1% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with a decrease of -8.5% compared to last year's prices. County-wide, asking prices for Industrial properties are -0.1% lower at $72 per sq ft compared to the current median price of $73 per sq ft for Industrial properties in Tampa, FL.
Current Tampa market trends data indicates a decrease of -4.1% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with a decrease of -29.6% compared to last year's prices. County-wide, asking prices for Multifamily properties are -0.4% lower at $43,534 per unit compared to the current median price of $45,392 per unit for Multifamily properties in Tampa, FL.
The average asking rental rate per sq ft/year for Office properties in Tampa, FL as of Jun 11 was $18.55. This represents an increase of 0.3% compared to the prior 3 months, with an increase of +0.3% year-over-year. County-wide, average rental rates in Tampa are +0.4% higher at $17.80 per sq ft/year for Office properties currently for lease.
Current Tampa market trends data indicates a decrease of -1.4% in the median asking price per sq ft for Office properties compared to the prior 3 months, with a decrease of -12.6% compared to last year's prices. County-wide, asking prices for Office properties are -2.0% lower at $140 per sq ft compared to the current median price of $146 per sq ft for Office properties in Tampa, FL.
The average asking rental rate per sq ft/year for Retail Commercial properties in Tampa, FL as of Jun 11 was $15.20. This represents a decrease of -0.5% compared to the prior 3 months, with a decrease of -5.9% year-over-year. County-wide, average rental rates in Tampa are -1.3% lower at $15.21 per sq ft/year for Retail Commercial properties currently for lease.
Current Tampa market trends data indicates an increase of +0.2% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with a decrease of -3.0% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -1.8% lower at $161 per sq ft compared to the current median price of $182 per sq ft for Retail Commercial properties in Tampa, FL.
Asking Price / Asking Rent: “Asking” refers to the dollar amount listed on the LoopNet marketplace. Charts are based on an index of data from the LoopNet marketplace by a given property type in a given geography. Asking Rent Trends are obtained by weighting each rental rate by the space available and dividing it by the sum of the total space available.
County / Metro: County and Metro refer to the parent county and metro of the city. “Metro” is a term LoopNet utilizes and refers to the U.S. Census Bureau definitions of metropolitan and micropolitan statistical areas, collectively referred to as CBSAs (learn more). For example a chart representing the city of Tampa may contain data representing the county of Hillsborough and the metropolitan statistical area.
Y-O-Y: A comparison to the same period in the previous year.
vs. 3 mo prior: A comparison to the average of the 3 months before the current month.
http://www.loopnet.com/Tampa_Florida_Market-Trends
