Tampa Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Matthews, Cushman & Wakefield
Quarterly retail market indicators for Tampa, aggregated by PropZone from Matthews, Cushman & Wakefield. As of Q1 2026, average asking rent was $27.00/SF with a 3.7% vacancy rate.
Projected current retail pricing — Tampa
low confidenceProjected asking rent
$27.00/SF/yr
Estimated sale value
$252–$318/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 Matthews data (cap rate 6.7%, asking rent held flat). Assumes ~96% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $27.00/SF | 3.7% | — | — | Matthews |
| Q4 2025 | — | 3.4% | 74K SF | — | Matthews |
| Q4 2025 | — | 3.4% | 0K SF | — | Cushman & Wakefield |
| Q2 2025 | — | 3.5% | 0K SF | — | Cushman & Wakefield |
| Q4 2020 | — | 3.0% | — | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Tampa?
- As of Q1 2026, the average asking rent for retail space in Tampa was $27.00/SF, per Matthews.
- What is the retail vacancy rate in Tampa?
- The retail vacancy rate in Tampa was 3.7% as of Q1 2026 (Matthews).
- Where does PropZone's Tampa market data come from?
- This report aggregates quarterly retail market data for Tampa from Matthews, Cushman & Wakefield.
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