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
2,006 commercial properties available across Tampa Bay. Updated daily from Stellar MLS.
Active$1,900,000
211 US 27 HIGHWAY
CLERMONT, FL 34711
Active$225,000
6767 49TH STREET
PINELLAS PARK, FL 33781
Active$500,000
1 BEVERLY HILLS BOULEVARD
BEVERLY HILLS, FL 34465
Active$4,000,000
415 HAMDEN DRIVE
CLEARWATER, FL 33767
Active$1,795,000
1315 9TH AVENUE
ST PETERSBURG, FL 33705
Active$589,990
10487 HIGHWAY 42
SUMMERFIELD, FL 34491
Active$695,000
1700 WASHINGTON AVENUE
TITUSVILLE, FL 32780
Active$975,000
540 SCENIC HIGHWAY
FROSTPROOF, FL 33843
Active$900,000
209 OAK AVENUE
SANFORD, FL 32771
Active$499,900
6680 GULF TO LAKE HIGHWAY
CRYSTAL RIVER, FL 34429
Active$750,000
202 TAMIAMI TRAIL
NOKOMIS, FL 34275
Active$134,900
915 SITKA STREET
TAMPA, FL 33604
Active$2,800,000
2202 BEARSS AVENUE
TAMPA, FL 33613
Active$750,000
7951 US HIGHWAY 1
BUNNELL, FL 32110
Active$564,000
104 CLYDE AVENUE
KISSIMMEE, FL 34741
Active$360,000
239 ELEANOR ROOSEVELT AVENUE
SAN JUAN, PR 00918
Active$2,490,000
1600 ACHIEVA WAY
DUNEDIN, FL 34698
Active$1,300,000
225 FLAGLER AVENUE
FLAGLER BEACH, FL 32136
Active$3,890,000
24 HARGROVE GRADE
PALM COAST, FL 32137
Active$235,000
4923 STATE ROAD 54
NEW PORT RICHEY, FL 34652
Active$2,600,000
404 ORANGE BLOSSOM TRAIL
APOPKA, FL 32712
Active$1,500,000
711 CASSAT AVENUE
JACKSONVILLE, FL 32205
Active$2,300,000
1453 MARTIN LUTHER KING JR AVENUE
CLEARWATER, FL 33756
Active$1,375,000
500 75TH AVENUE
ST PETERSBURG, FL 33702
Land for Sale
Development-ready parcels, agricultural land, and infill lots across Tampa Bay.
Active$70,000
SW 205TH CIRCLE
DUNNELLON, FL 34431
Active$20,000
NW SKYLARK ST
DUNNELLON, FL 34431
Active$1,000,000
0 U S HWY 27
DUNDEE, FL 33838
Active$275,000
4210 HUNTINGTON STREET
ST PETERSBURG, FL 33703
Active$22,000
LOT 10 BANNOCK CIRCLE
NORTH PORT, FL 34288
Active$79,000
7500 PARK POINTE DRIVE
ENGLEWOOD, FL 34224
Active$215,000
132ND AVENUE
SEMINOLE, FL 33778
Active$50,000
8044 THRUSO ROAD
PORT CHARLOTTE, FL 33981
Active$275,000
TBD DENNISON ROAD
LUTZ, FL 33548
Active$55,000
LOT 30 SNOWDROP STREET
NORTH PORT, FL 34288
Active$199,000
FUNDY ROAD
VENICE, FL 34293
Active$79,900
15512 LAKELAND CIRCLE
PORT CHARLOTTE, FL 33981
Commercial Real Estate by Area
Tampa
Commercial Properties
St. Petersburg
Commercial Properties
Brandon
Commercial Properties
Riverview
Commercial Properties
Lakeland
Commercial Properties
Clearwater
Commercial Properties
Largo
Commercial Properties
Bradenton
Commercial Properties
Sarasota
Commercial Properties
Wesley Chapel
Commercial Properties
Pasco County
Commercial Properties
All Areas
Land & Lots
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 Type | Typical Cap Rate | Key Drivers |
|---|---|---|
| Multifamily | 5.0% – 7.0% | Population growth, rental demand, occupancy rates |
| Retail | 5.5% – 8.0% | Traffic counts, tenant credit, lease terms |
| Office | 6.0% – 8.5% | Location, building class, tenant mix |
| Industrial | 5.0% – 7.5% | E-commerce demand, port access, ceiling height |
| Mixed-Use | 5.5% – 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.