Bayside Center - Bldg II — Lease in Clearwater, FL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Clearwater, FL 33764
  • Size: 167,889 SF
  • Year built: 1997

Description

Market Context

This office in Clearwater, FL is listed for lease across 167,889 SF. The building dates to 1997. It has been on the market for 113 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 167,889 SF: $416,365 per month

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

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