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
2,035 commercial properties available across Tampa Bay. Updated daily from Stellar MLS.
Active$1,000,000
WC-33, WC-34 HOSTOS AVENUE
BAYAMON, PR 00956
Active$645,000
2716 TAMIAMI TRAIL
PORT CHARLOTTE, FL 33952
Active$2,195,000
2623 74TH PLACE
GAINESVILLE, FL 32653
Active$2,937,456
7025 HIBISCUS AVENUE
SOUTH PASADENA, FL 33707
Active$1,100,000
813 A1A
NEW SMYRNA BEACH, FL 32169
Active$6,600,000
1602A WILLISTON ROAD
GAINESVILLE, FL 32608
Active$315,000
818 9TH AVENUE
OCALA, FL 34470
Active$795,000
18843 N 41 HWY
LUTZ, FL 33549
Active$750,000
35433 MICRO RACETRACK ROAD
FRUITLAND PARK, FL 34731
Active$800,000
493 BARGER DRIVE
PORT CHARLOTTE, FL 33954
Active$385,000
CARR 3 BO GUARDARRAYA KM 114.9
PATILLAS, PR 00723
Active$1,499,900
23853 STATE ROAD 40
ASTOR, FL 32102
Active$1,500,000
160 CARR 160 KM 6.4 BO ALMIRANTE SUR
VEGA BAJA, PR 00693
Active$8,500,000
2014 COLONIAL DRIVE
ORLANDO, FL 32804
Active$1,100,000
901 GROVE STREET
EUSTIS, FL 32726
Active$1,200,000
9215 RIDGE ROAD
NEW PORT RICHEY, FL 34654
Active$2,200,000
413 SUNSHINE AVENUE
LADY LAKE, FL 32159
Active$629,000
155 AVENUE B
WINTER HAVEN, FL 33880
Active$662,000
470 CESAR GONZLEZ
SAN JUAN, PR 00918
Active$1,100,000
46 CARAZO STREET
GUAYNABO, PR 00969
Active$470,000
9213 DENTON AVENUE
HUDSON, FL 34667
Active$467,500
3300 HIAWASSEE ROAD
ORLANDO, FL 32835
Active$3,200,000
2415 SLIGH AVENUE
TAMPA, FL 33610
Active$280,000
3715 HIGHWAY 19A
MOUNT DORA, FL 32757
Land for Sale
Development-ready parcels, agricultural land, and infill lots across Tampa Bay.
Active$49,900
5284 WHITE AVENUE
PORT CHARLOTTE, FL 33981
Active$14,500,000
Lot C ROAD #2
PONCE, PR 00780
Active$845,000
VERNA BETHANY ROAD
MYAKKA CITY, FL 34251
Active$23,300
30 SUNFLOWER DRIVE
PLACIDA, FL 33946
Active$25,000
249TH COURT
SALT SPRINGS, FL 32134
Active$299,000
7804 20TH PLACE
BRADENTON, FL 34209
Active$18,000
OVERHEAD STREET
NORTH PORT, FL 34288
Active$299,000
7805 20TH PLACE
BRADENTON, FL 34209
Active$13,500
1544 TAMAH BOULEVARD
LAKE PLACID, FL 33852
Active$15,000
ARNAZ DRIVE
MULBERRY, FL 33860
Active$39,900
2683 KINGSDALE DRIVE
DELTONA, FL 32738
Active$487,000
6496 BERNZOTT POINT
DUNNELLON, FL 34433
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.