Fifth Third Center - office in Tampa, FL
Office

Fifth Third Center

fifth third center, tampa, FL 33602

Price

Price on request

Price/Sq Ft

$33.00

Description

  • Class A Office Space for Lease
  • Main location at the intersection of Kennedy Boulevard and Tampa Street
  • Central location in the core of the Tampa Central Business District

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

fifth third center, tampa, FL 33602

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Tampa office market showed a 18.2% vacancy rate, average asking rents near $29.00/SF/yr, and cap rates around 7.4%. Source: curated:survey Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$29.00–$30.27/SF/yr
Estimated sale value
$160–$217/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 7.4%, asking rent trend-adjusted to today).

View the full Tampa Office market report →

Above-average vacancy gives tenants leverage and a wide set of comparables.

Compare it against other office listings for lease in Tampa, FL to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per curated:survey.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2% (Q1 2026).

Unified Estimate

Medium Confidence
$2.50/SF/mo-$3.20/SF/mo
Mid: $2.78/SF/mo

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

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q1 '24Q2 '24Q3 '24Q4 '24Q3 '25Q4 '25Q1 '26$0$8$16$24$320%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,522,748
Median Income$80k↑ 7%
College Educated33.8%
Median Age37.9 yrs
Median Home Value$372k
Unemployment4.5%↑ 0.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q3 2025
Median $/SF$297
Avg $/SF$348
25th–75th Percentile$216 – $451
Sample Size22 transactions
CountyHillsborough

Source: florida_dor · County FIPS: 12057

Rent vs. Market

$36

132.3% above market average

Listed at $36.0/sqft/mo vs. market avg $15.50/sqft/mo

Assumptions
  • Market comparison: office in tampa, FL

More Office for Lease in Tampa, FL(5)

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Listed by

CBRE System Import