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BARRETT HENRY | THE NOW TEAM

Commercial Real Estate in Tampa Bay

Office, retail, industrial, multifamily, and land opportunities across Tampa Bay's fastest-growing corridors.

Tampa Bay Commercial Real Estate Overview

Tampa Bay is one of the fastest-growing metropolitan areas in the United States, and its commercial real estate market reflects that momentum. Population growth, corporate relocations, infrastructure investment, and tourism have created strong demand across every commercial asset class. Whether you are an investor looking for stable cash flow, a business owner searching for the right space, or a developer evaluating land opportunities, Tampa Bay delivers.

Barrett Henry is a Broker Associate at REMAX Collective with 23+ years of real estate experience. He works with buyers, sellers, tenants, and investors on commercial transactions ranging from small retail storefronts to multifamily apartment complexes. Barrett provides market analysis, property evaluation, lease review, and negotiation support through every phase of a commercial deal.

Commercial Property Types

Office Space

Class A towers in Westshore and Downtown Tampa, Class B suburban offices along the I-75 and I-4 corridors, and flexible co-working conversions. Tampa Bay's office market benefits from corporate relocations and Florida's business-friendly tax structure.

Retail Properties

Strip centers, standalone storefronts, outparcels, and neighborhood shopping plazas. Retail performs well in high-traffic corridors with strong residential rooftops. Barrett helps tenants and landlords negotiate NNN, modified gross, and percentage leases.

Industrial & Warehouse

Distribution centers, flex space, light manufacturing, and cold storage facilities. Tampa Bay's port access, interstate connectivity, and e-commerce growth drive consistent industrial demand across Hillsborough, Pasco, and Polk counties.

Multifamily Investments

Apartment complexes, duplexes, fourplexes, and mixed-use buildings. Tampa Bay's population growth and rental demand create strong occupancy rates. Multifamily assets typically deliver cap rates between 5% and 7% depending on location and condition.

Vacant Land

Development-ready parcels, agricultural land for conversion, and infill lots in established submarkets. Zoning analysis, environmental review, and entitlement research are critical — Barrett coordinates with land-use attorneys and engineers.

Mixed-Use Development

Ground-floor retail with upper-story residential or office space. Mixed-use projects are expanding rapidly in urban cores like Downtown Tampa, St. Petersburg, and Dunedin, driven by walkability demand and municipal incentive programs.

Commercial Properties for Sale

1,978 commercial properties available across Tampa Bay. Updated daily from Stellar MLS.

272 HART LANEActive

$1,585,000

272 HART LANE

KISSIMMEE, FL 34743

0 Bath6,496 sq ft Sqft
1 CENTRAL AVENUEActive

$475,000

1 CENTRAL AVENUE

LAKE WALES, FL 33853

0 Bath4,135 sq ft Sqft
57 CALLE SAN JOSEActive

$1,595,000

57 CALLE SAN JOSE

SAN JUAN, PR 00901

0 Bath
223 DOLPHIN POINTActive

$4,200,000

223 DOLPHIN POINT

CLEARWATER BEACH, FL 33767

0 Bath7,754 sq ft Sqft
4923 STATE ROAD 54Active

$235,000

4923 STATE ROAD 54

NEW PORT RICHEY, FL 34652

0 Bath852 sq ft Sqft
3323 SAINT JOHNS AVENUEActive

$235,000

3323 SAINT JOHNS AVENUE

PALATKA, FL 32177

0 Bath1,003 sq ft Sqft
1320 TEMPLE AVENUEActive

$399,000

1320 TEMPLE AVENUE

STARKE, FL 32091

0 Bath720 sq ft Sqft
18580 234TH STREETActive

$900,000

18580 234TH STREET

HIGH SPRINGS, FL 32643

0 Bath5,248 sq ft Sqft

Looking for the right home?

Barrett Henry can help. 23+ years of experience.

Call (813) 733-7907
25525 COLMAR AVENUEActive

$299,900

25525 COLMAR AVENUE

SORRENTO, FL 32776

0 Bath1,176 sq ft Sqft
232 MAIN STREETActive

$260,000

232 MAIN STREET

BUSHNELL, FL 33513

0 Bath2,519 sq ft Sqft
13295 92 HIGHWAYActive

$2,500,000

13295 92 HIGHWAY

DOVER, FL 33527

0 Bath12,100 sq ft Sqft
25519 COLMAR AVENUEActive

$239,900

25519 COLMAR AVENUE

SORRENTO, FL 32776

0 Bath908 sq ft Sqft
230 76TH DRIVEActive

$375,000

230 76TH DRIVE

GAINESVILLE, FL 32607

0 Bath1,873 sq ft Sqft
4828 GANDY BOULEVARDActive

$475,000

4828 GANDY BOULEVARD

TAMPA, FL 33611

0 Bath1,980 sq ft Sqft
504 BAKER STREETActive

$549,000

504 BAKER STREET

PLANT CITY, FL 33563

0 Bath3,288 sq ft Sqft
632 1ST STREETActive

$457,465

632 1ST STREET

WINTER HAVEN, FL 33880

0 Bath

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524 1ST STREETActive

$262,535

524 1ST STREET

WINTER HAVEN, FL 33880

0 Bath1,320 sq ft Sqft
311 BREVARD AVENUEActive

$1,297,000

311 BREVARD AVENUE

TAMPA, FL 33606

0 Bath3,378 sq ft Sqft
3161 GULF TO LAKE HIGHWAYActive

$395,000

3161 GULF TO LAKE HIGHWAY

INVERNESS, FL 34453

0 Bath2,275 sq ft Sqft
906 SHADICK DRIVEActive

$799,000

906 SHADICK DRIVE

ORANGE CITY, FL 32763

0 Bath5,387 sq ft Sqft
11535 US 301Active

$1,999,000

11535 US 301

OXFORD, FL 34484

0 Bath918 sq ft Sqft
107 MAIN STREETActive

$499,000

107 MAIN STREET

TAVARES, FL 32778

0 Bath1,662 sq ft Sqft
749 COUNTY ROAD 466Active

$599,000

749 COUNTY ROAD 466

LADY LAKE, FL 32159

0 Bath1,920 sq ft Sqft
3501 / 3519 HENDERSON BOULEVARDActive

$3,500,000

3501 / 3519 HENDERSON BOULEVARD

TAMPA, FL 33609

0 Bath2,325 sq ft Sqft
View All 1,978 Commercial Listings

Land for Sale

Development-ready parcels, agricultural land, and infill lots across Tampa Bay.

Key Commercial Corridors

Westshore Business District

Tampa Bay's largest concentration of office space, with over 14 million square feet. Westshore sits between Tampa International Airport and Downtown, making it a top choice for corporate headquarters, financial firms, and professional services. Retail and hospitality also thrive in the district.

Downtown Tampa & Water Street

Downtown Tampa has transformed with the Water Street development, Sparkman Wharf, and a wave of Class A office towers. Mixed-use projects are drawing national tenants, and residential density is fueling ground-floor retail demand. The area also benefits from proximity to the University of Tampa and Amalie Arena.

I-75 Corridor (Hillsborough & Pasco)

The I-75 corridor from Brandon north through Wesley Chapel is one of the fastest-growing commercial corridors in the state. New retail plazas, medical offices, industrial parks, and multifamily developments are following the explosive residential growth in Pasco County.

I-4 Corridor (Tampa to Lakeland)

The I-4 corridor connects Tampa Bay to Central Florida and sees heavy industrial and logistics activity. Warehouse distribution centers, manufacturing facilities, and flex space are concentrated along this route, particularly near Plant City and eastern Hillsborough County.

Gateway Area & St. Petersburg

The Gateway area near St. Pete-Clearwater International Airport is Pinellas County's primary office and industrial submarket. Downtown St. Petersburg has also emerged as a vibrant commercial district with boutique office space, arts-driven retail, and upscale mixed-use development along Central Avenue and the waterfront.

Commercial Cap Rate Ranges in Tampa Bay

Cap rates fluctuate with market conditions, interest rates, and property quality. The following ranges reflect typical Tampa Bay commercial transactions. Contact Barrett for current data on specific submarkets and asset classes.

Property TypeTypical Cap RateKey Drivers
Multifamily5.0% – 7.0%Population growth, rental demand, occupancy rates
Retail5.5% – 8.0%Traffic counts, tenant credit, lease terms
Office6.0% – 8.5%Location, building class, tenant mix
Industrial5.0% – 7.5%E-commerce demand, port access, ceiling height
Mixed-Use5.5% – 7.5%Urban location, walkability, zoning flexibility

Why Work with Barrett Henry for Commercial Real Estate?

Commercial real estate transactions are more complex than residential deals. They involve longer due diligence periods, environmental assessments, zoning verification, lease audits, tenant estoppels, and financial underwriting that residential agents rarely encounter. Barrett Henry brings 23+ years of real estate experience and a Broker Associate license to every commercial engagement.

Barrett works across all seven Tampa Bay counties — Hillsborough, Pinellas, Pasco, Manatee, Sarasota, Hernando, and Polk — giving investors and business owners access to a broader set of opportunities. He coordinates with commercial lenders, environmental consultants, land-use attorneys, and 1031 exchange intermediaries to keep transactions on track.

For investors building a portfolio, Barrett connects the dots between acquisition, property management through ViVi PM, and maintenance through Best Bay Services. For deeper commercial real estate research, analysis, and market reports, visit hencre.com.

Commercial Real Estate FAQs

What types of commercial real estate are available in Tampa Bay?

Tampa Bay offers a wide range of commercial property types including Class A and B office space, retail storefronts and shopping centers, industrial warehouses, multifamily apartment complexes, and vacant land for development. Barrett Henry helps buyers and investors identify the right asset class based on their goals, budget, and risk tolerance.

What cap rates can investors expect on Tampa Bay commercial properties?

Cap rates in Tampa Bay vary by property type and location. Multifamily properties typically range from 5% to 7%, retail from 5.5% to 8%, office space from 6% to 8.5%, and industrial from 5% to 7.5%. These figures shift with market conditions, interest rates, and location. Contact Barrett Henry at (813) 733-7907 for current data on specific submarkets.

Do I need a commercial real estate license to buy commercial property in Florida?

No. Buyers do not need a license to purchase commercial property in Florida. However, working with a licensed REALTOR who understands commercial transactions, zoning regulations, environmental due diligence, and lease analysis is strongly recommended. Barrett Henry holds a Florida Broker Associate license and has 23+ years of real estate experience.

Which Tampa Bay corridors are best for commercial investment?

The strongest commercial corridors include the Westshore Business District (Tampa Bay's largest office market), Downtown Tampa, the I-75 corridor through Hillsborough and Pasco counties, the I-4 corridor connecting Tampa to Lakeland and Orlando, and the Gateway area in St. Petersburg. Each corridor serves different tenant profiles and investment strategies.

Can Barrett Henry help with 1031 exchanges into commercial property?

Yes. Barrett Henry regularly assists investors executing 1031 exchanges from residential into commercial assets and from one commercial property into another. He coordinates with qualified intermediaries, tax advisors, and title companies to ensure exchange timelines and IRS requirements are met. Visit the investing page at nowtb.com/investing for more details.

Discuss Your Commercial Real Estate Goals

Barrett Henry helps buyers, sellers, tenants, and investors navigate Tampa Bay's commercial market. Call (813) 733-7907 or fill out the form below.

FL License #BK331330823+ Years ExperienceREMAX Collectivee-PRO | MRP | SRS
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