Bayside Center - Bldg I — Lease in Clearwater, FL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Clearwater, FL 33764
  • Size: 46,501 SF

Description

Market Context

This office in Clearwater, FL is listed for lease across 46,501 SF. It has been on the market for 112 days. Compare it against other office listings for lease in Clearwater, FL — view the full market.

As of Q1 2026, the Tampa office market showed an 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per multiple brokerage reports.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$2.11/SF/mo – $2.85/SF/mo

Mid: $2.48/SF/mo

Estimated total for 46,501 SF: $115,322 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

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