Expanding your Clearwater business – what are the best locations
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Is the time for expanding your Clearwater business finally here? If it is, choosing the best location will be the key to success. Unfortunately, finding a perfect location for your business is not an easy task. There are many things you need to consider like the size of the local market, growth, demographics, surrounding infrastructure, competition, etc. Of course, it all depends on the type of your business. But as you can see, there are many things you need to pay attention to. To help you with your task, we have prepared a list of the best locations in Florida that have recently shown pretty good signs for business. Let’s take a look.
Things you should do before expanding your Clearwater business
As we mentioned in the beginning, there are many things you need to consider when expanding your Clearwater business. Some of the key metrics you need to consider when preparing for commercial moving Clearwater FL business are the size of the market, its demographics, surrounding infrastructure, commercial space prices, etc. Here are the most important things you need to do when trying to expand your Clearwater business to a new location:
- Set your goals
- Prepare a financial plan
- Identify ideal customers
- Research potential market
- Check for commercial space availability and prices
- Check local infrastructure
- Talk to your suppliers and partners
- Learn about local laws and regulations
Average commercial space prices in Florida
One of the most important things that you should definitely check before expanding your business is commercial space prices. Here are some of the average commercial space prices in Florida that you can use for comparison:
- The average price for class A office space in Florida is $37.78
- Class B office space in Florida is $23.96
- Class C office space average price in Florida is $18.38
The best places in Florida for expanding your Clearwater business
Of course, you know best what are your business needs. It is not the same when moving a factory or a retail business. Therefore, in the following lines, we will simply try to reveal some good places in the Tampa – St. Petersburg Metropolitan Area that could potentially be good for your business regardless of its structure.
- Apollo Beach
- Lakewood Ranch
Clearwater is a city near Tampa located in Pinellas County. It is considered one of the best places to live in Florida and one of the best places to retire in the USA. It has a population of 119,214 which has increased by 1% in recent years. So population growth is one of the best indicators that show you that this place is good for business. When it comes to commercial space prices, in Clearwater, class A office space can be found for $24.89 per sq ft per year. Class B office space is somewhere around $22.31 per sq ft per year. And Class C office space can be leased for $20.07.
Now let’s take a look at the places in the close surroundings that can be good for expanding your Clearwater business as well as your new home. It is always good to live in a place where your business operates. So, if you find that one of these places is good for your business, consider hiring residential movers Clearwater FL and move your home there as well.
Of course, the first place that you should consider for expanding your Clearwater business is Tampa. It is the biggest city in this part of Florida. And thus it has the biggest potential. Tampa is located in Hillsborough County and has a population of 394,809. Since 2021 its population increased by 1.26%, which is always a good thing when considering business opportunities as it shows the potential of a place. But before you start looking for Tampa movers let’s take a look at commercial space prices.
When it comes to commercial space prices, in Tampa a class-A office space can be found for $35.77 per sq ft per year. Tampa class B office space costs around $23.42 per sq ft per year. And a class C office space is somewhere in the range of $18.96 per sq ft per year. So, the premium office space is pricier than in Clearwater. But if you are thinking about the cheapest options, Tampa can offer better options.
The next place you should consider for expanding your Clearwater business is Apollo Beach. It is a suburb of Tampa with a population of 28,392. In the period between 2021 and 2022, its population increased by a fantastic 4.39%. Since 2020, the percentage is even more impressive – 9.19%. Another reason why you should consider Apollo Beach is its proximity to Clearwater. It is only 28 miles from Clearwater so the price of hiring movers Apollo Beach FL shouldn’t be that high. As far as commercial space prices in Apollo Beach you can rent class A office space for somewhere between $17.00 – $23.00 per sq ft per year. Low-end commercial space is even cheaper. That is why you should definitely consider Apollo Beach as an option.
Another great option that you should definitely check out for your business is Lutz. Lutz is another suburb of Tampa considered one of the best places to raise a family. So it can be a great option to relocate your whole family along with your business. Simply find some good moving companies in Lutz that offer commercial moving services as well and you can enjoy this great place while you are running a successful business. The current population of Lutz is 24,579 which increased by 1.81% over the last year. Since 2020, Lutz’s population increased by 3.68%. As far as commercial space prices, they are somewhere in the range of $16.9 – $32 per sq ft per year.
Another suburb of Tampa is on our list. Brandon is a significantly larger place than Lutz and Apollo Beach. It is one of the best suburbs of Tampa and has a population of 116,854. In the last year, its population increased by 1%. The sheer number of people shows that it can be a good place to start a business. Simply, the market is larger and you will have more potential customers. But hold on. Before you start looking for movers Brandon FL, we should check out commercial space prices. In Brandon, office space can be found for as low as $11 per sq ft per year. However, class A office spaces are somewhere around $30 per sq ft per year. Not as cheap as other places on our list. But still, it offers affordable options if you are not looking for premium commercial space for your office.
Lakewood Ranch can also be a good place to expand your Clearwater business. However, it is not a standard city but a planned community and census-designated place. It is located in southeastern Manatee County and northeastern Sarasota County. Lakewood Ranch has a population of 34,877 which is rapidly increasing. However, it is a specific place that can be good for retail businesses, if that is what you are looking for. But before you jump into planning and looking for moving companies Lakewood Ranch FL, you should check out commercial space options. Retail commercial space can be found somewhere in the range of $18 – $22 per sq ft per year. Currently, there are 63 commercial real estate spaces listed for lease in Lakewood Ranch.
When looking for a good place for expanding your Clearwater business should defiantly look for the biggest places with the biggest population. In that regard, St Petersburg can be a great option. It is a city located in Pinellas County considered one of the best places to retire in the US. So, if retirees are your target audience, this place can be perfect for your business. It has a population of 261,016, which increased by 0.52% in the recent year. The year before, St. Petersburg showed negative trends when it comes to population numbers but right now, it looks like the place is recovering. This is a great sign!
But before you hire packing services Clearwater FL and start preparing your business for a move, check out commercial space prices. In St. Petersburg class A office space can be leased for $27.45 per sq ft per year. Class B office space here costs $20.85 per sq ft per year. And you can find class C office space for as low as $15.60 per sq ft per year.
When looking for a good place for a business near Clearwater, you cannot disregard Sarasota. Sarasota is located in Sarasota County and it is considered one of the best places to live in the area. Currently, it has a population of 55,426. In the period from 2020 to 2021, it has lost more than 4% of its population. However, in the period from 2021 to 2022 its population increased by 0.53%, which is a good indicator and proof that this place is showing signs of recovery after a recent pandemic. When it comes to commercial space prices in Sarasota class A office space usually costs around $27.57 per sq ft per year. You can find good class B office space for $25.94. And a class C office space is around $21.26.
Other good options for business in Florida
We have gone through some of the best places to expand your Clearwater business in Tampa-St. Petersburg Metropolitan Area. However, there are many more great places for business in the state of Florida that are a bit further away. Here are some of the other business-friendly places you can also consider:
When it comes to business, Miami is definitely the number one place in Florida. It is simply the liveliest place with a large population that offers some of the best business opportunities regardless of the type of your business. It is located in Miami-Dade County and has a population of 450,797. During a pandemic, it also lost a portion of its population. But in the recent year, it increased by 0.96%. Of course, commercial space prices in Miami are significantly higher than those in Tampa-St. Petersburg Metropolitan Area but you need to consider the far greater potential this place has. Class A office space in Miami costs $47.53. You can lease class B office space for $28.86. And a class C office space for $27.16.
Jacksonville is also a place that you should consider when expanding your Clearwater business. It is located in the northernmost part of Florida in Duval County and it is by far the most populated city in Florida. It has a population of 975,177, which is rapidly increasing. Since 2021, its population increased by 1.33%. When it comes to office space prices you can rent Jacksonville class A office space for $22.66 per sq ft per year. Class B office space can be found for as low as $20.26.And class C office space for $18.49 per sq ft per year.
Do your due diligence before the move
Those are the best places for expanding your Clearwater business. As you can see, there are many good options. But it all depends on what you are looking for. So, make sure that you do your due diligence before you make a decision. Your whole business will depend on how you do this part.