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
1,963 commercial properties available across Tampa Bay. Updated daily from Stellar MLS.
Active$300,000
6141 BABB ROAD
BELLEVIEW, FL 34420
Active$5,000,000
2906 ORANGE BLOSSOM TRAIL
ORLANDO, FL 32804
Active$1,450,000
5544 HANSEL AVENUE
ORLANDO, FL 32809
Active$1,650,000
560 BARRY STREET
ORLANDO, FL 32808
Active$550,000
1981 ALICE DRIVE
ASTOR, FL 32102
Active$1,700,000
1195 DEL CARMEN STREET
SAN JUAN, PR 00907
Active$1,999,900
599 US HIGHWAY 27
MOORE HAVEN, FL 33471
Active$498,000
110 LINCOLN AVENUE
TAMPA, FL 33609
Active$1,199,000
304 FLAGLER AVENUE
NEW SMYRNA BEACH, FL 32169
Active$899,900
2 MAIN STREET
AVON PARK, FL 33825
Active$1,595,000
1214 REYNOLDS STREET
PLANT CITY, FL 33563
Active$925,000
10351 US HIGHWAY 301
DADE CITY, FL 33525
Active$499,000
22 11TH STREET
GAINESVILLE, FL 32601
Active$305,000
306 SHELDON STREET
NEW SMYRNA BEACH, FL 32168
Active$799,900
695 SCENIC HIGHWAY
FROSTPROOF, FL 33843
Active$1,250,000
26 OFFICE PARK DRIVE
PALM COAST, FL 32137
Active$499,900
13564 VILLAGE PARK DRIVE
ORLANDO, FL 32837
Active$189,000
617 25TH AVENUE
OCALA, FL 34470
Active$675,000
162 LA PLACITA DE SANTURCE, DOS HERMANOS
SAN JUAN, PR 00907
Active$295,000
AVE. BOULEVARD MONROIG URB. LA ROSALEDA EA10
TOA BAJA, PR 00949
Active$1,300,000
14135 PALM STREET
MADEIRA BEACH, FL 33708
Active$549,000
504 BAKER STREET
PLANT CITY, FL 33563
Active$229,900
3713 34TH STREET
TAMPA, FL 33610
Active$950,000
5300 SPRING HILL DRIVE
SPRING HILL, FL 34606
Land for Sale
Development-ready parcels, agricultural land, and infill lots across Tampa Bay.
Active$100,000
TBD 106TH STREET
BELLEVIEW, FL 34420
Active$104,900
SWAMP LANE
GENEVA, FL 32732
Active$645,000
66 OLD OAK DRIVE
PALM COAST, FL 32137
Active$39,900
HENDERSON LANE
NORTH PORT, FL 34286
Active$299,900
PROFESSIONAL DRIVE
LEESBURG, FL 34748
Active$27,000
2 SMILAX COURT
HOMOSASSA, FL 34446
Active$650,000
26217 39TH PLACE
MYAKKA CITY, FL 34251
Active$550,000
SAHARA COURT
SORRENTO, FL 32776
Active$29,900
758 CLANCY STREET
LEHIGH ACRES, FL 33974
Active$325,000
2841 HOWLAND BOULEVARD
DELTONA, FL 32725
Active$80,000
2315 RAMONA AVENUE
PALM BAY, FL 32909
Active$650,000
26207 39TH PLACE
MYAKKA CITY, FL 34251
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.