How to Find a Commercial Property Lease in Tampa, Florida
Within the past year, the Tampa job market has grown 2.3 percent. In the next ten years, the future job market predicts growth of 42.7 percent—higher than the national average.
How has Tampa become the third fastest-growing city in Florida? Other than the beautiful weather and scenery, the city offers a 0 percent income tax rate. All this makes Tampa Bay the perfect spot to expand your business.
Major companies like Pfizer and TD Synnex have made the jump, and so can you. We at HSW Associates have plenty of properties available to find the perfect fit for your commercial property lease needs.
Whether you’re an aspiring restaurant owner or a tech conglomerate CEO, below contains plenty of information to start off your search.
Finding The Right Commercial Property Lease
There is a lot to consider when finding the right space for your business. Luckily, when working with HSW Associates, we make sure our properties are in great shape before you move in.
We have been a family-owned business for over 30 years, and supplying quality spaces for the businesses that make up our home city is important to us.
We’ve outlined some of the questions we like to ask business owners when considering leasing commercial property.
How Much Space Do You Require?
This can vary a lot depending on the type of business you run. We estimate restaurants and retail stores need an approximate 15 square feet per customer. We recommend offices supplying around 200 square feet per employee.
This amount of space is broken up between the need for bathrooms, break rooms, conference rooms, lobbies, etc.
This leads to what amenities would be right for your business. Would you like on-site dining services? Or maybe you require a loading dock? We recommend outlining the various components of your business and deciding what is on your leasing wishlist.
Where Is The Best Location For Your Business To Succeed?
If you’re opening an office building in Tampa, your employees might prefer a location close to public transportation. Or, a parking garage would be a benefit for both workers and visitors.
For retail stores, an inviting storefront with lots of foot traffic would be essential in helping your business thrive. Restaurants might want a more unique location, away from other eateries to fill a restaurant desert hole.
Accessibility is also important to consider when finding the right location. We want everyone to feel welcomed into your business with no difficulty in its use and access.
Lastly, be aware of zoning. Industrial properties cannot be in a residentially zoned area. But we can worry about that for you.
What Is Your Budget?
This is the most important aspect to consider when leasing commercial property. It is recommended that you keep your lease budget under 10 percent of expected annual gross income.
Tampa Bay is an up-and-coming city for businesses new and old. Our rates are fair for the spaces we rent out and we at HSW Associates are on top of providing building maintenance whenever your business requires it.
Starting Your Search Off Right
Once you have considered the many questions outlined within this article, it’s time to start seeing properties! Contact us today and we’ll help you find the perfect place.
We have plenty of spaces of available for any business model. We’d love to work with you to find the right commercial property lease for you and your business.< Back to Blog