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 licensed Florida real estate broker 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
2,053 commercial properties available across Tampa Bay. Updated daily from Stellar MLS.
Active$1,500,000
1050 BEACH STREET
HOLLY HILL, FL 32117
Active$250,000
10 CALLE JOSE CELSO BARBOSA
LAS PIEDRAS, PR 00771
Active$750,000
769 CACTUS RIDGE CIRCLE CIRCLE
SEFFNER, FL 33584
Active$750,000
769 CACTUS RIDGE CIRCLE CIRCLE
SEFFNER, FL 33584
Active$14,000,000
1736 33RD STREET
ORLANDO, FL 32839
Active$1,050,000
24 MENDEZ VIGO - PRIMARY MEDICAL
PONCE, PR 00730
Active$790,000
7321 1ST AVENUE
ST PETERSBURG, FL 33707
Active$1,450,000
24392 LANARK ROAD
BROOKSVILLE, FL 34601
Active$765,000
5345 MILE STRETCH DRIVE
HOLIDAY, FL 34690
Active$1,680,000
500-508 OAK RIDGE ROAD
ORLANDO, FL 32809
Active$150,000
16500 US HIGHWAY 19
SALEM, FL 32356
Active$535,000
4006 STATE STREET
TAMPA, FL 33609
Active$749,900
10780 STATE ROAD 52
HUDSON, FL 34669
Active$299,000
0 MARION OAKS DR
OCALA, FL 34477
Active$1,699,000
3090 RIDGEWOOD AVENUE
SOUTH DAYTONA, FL 32119
Active$2,350,000
3440 and 3426 CYPRESS STREET
TAMPA, FL 33607
Active$1,950,000
9324 EDEN AVENUE
HUDSON, FL 34667
Active$899,000
483 68TH AVENUE
OCALA, FL 34482
Active$699,000
420 CHERRY STREET
KISSIMMEE, FL 34741
Active$2,300,000
206 22ND AVENUE
INDIAN ROCKS BEACH, FL 33785
Active$800,000
15551 US HIGHWAY 301
CITRA, FL 32113
Active$699,000
105 SUMMIT STREET
WAUCHULA, FL 33873
Active$1,250,000
2914 KENILWORTH BOULEVARD
SEBRING, FL 33870
Active$1,200,000
7117 ARMENIA AVENUE
TAMPA, FL 33604
Land for Sale
Development-ready parcels, agricultural land, and infill lots across Tampa Bay.
Active$175,000
2427 QUAIL TERRACE
PORT CHARLOTTE, FL 33981
Active$325,000
2439 QUAIL TERRACE
PORT CHARLOTTE, FL 33981
Active$84,500
4TH AVE SW
RUSKIN, FL 33570
Active$199,900
MCMICHAEL ROAD
ST CLOUD, FL 34771
Active$59,900
2375 MCPHEARSON DRIVE
PORT CHARLOTTE, FL 33953
Active$24,900
223 ANTILLA DRIVE
ROTONDA WEST, FL 33947
Active$26,900
225 ANTILLA DRIVE
ROTONDA WEST, FL 33947
Active$32,500
MUSE ROAD
ST CLOUD, FL 34773
Active$22,500
6711 BUTCH STREET
PORT RICHEY, FL 34668
Active$1,000
128TH LN
CHIEFLAND, FL 32644
Active$359,000
9833 PALMENTO WAY
CLERMONT, FL 34711
Active$1,000
NE 128TH LANE
CHIEFLAND, FL 32626
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% to 7.0% | Population growth, rental demand, occupancy rates |
| Retail | 5.5% to 8.0% | Traffic counts, tenant credit, lease terms |
| Office | 6.0% to 8.5% | Location, building class, tenant mix |
| Industrial | 5.0% to 7.5% | E-commerce demand, port access, ceiling height |
| Mixed-Use | 5.5% to 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 licensed Florida real estate broker 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 real estate broker 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.