2023 Office Space Rent & Sales
- $20.05 2023 Avg. Asking Rent
- 3.00% Y-o-Y Avg. Asking Rent Change
- 11.92% 2023 Office Vacancy Rate
Altamonte Springs office price per square foot in 2023 was $20.05 on average. This marked a +3.00% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.92% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Florida Class A & A+ Office Space$36.87
- Florida Class B Office Space$27.52
- Florida Class C Office Space$32.32
Altamonte Springs, FL Office Asking Rents by Class
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Coworking Spaces in Florida
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2023 Office Construction in Altamonte Springs, FL
- Altamonte Springs, FL Total SF under construction in 2024 200,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| CenterPointe Two | 220 East Central Pkwy, 32701 | 111,488 | 1999 |
| CenterPointe One | 240 East Central Pkwy, 32701 | 104,000 | 1998 |
| Sanlando Center Office Park II | 2180 West State Road 434, 32779 | 162,000 | 1987 |
| 217 North Westmonte Drive | 217 North Westmonte Drive, 32714 | 43,596 | 1986 |
| 220 North Westmonte Drive | 220 North Westmonte Drive, 32714 | 14,038 | 1985 |
| Sanlando Center Office Park I | 2170 West State Road 434, 32779 | 108,000 | 1984 |
| Altamonte Lakeside Park - 283 & 307 Cranes Roost Blvd | 283 Cranes Roost Blvd, 32701 | 86,944 | 1984 |
| Plaza Del Prado | 140 North Westmonte Drive, 32714 | 15,035 | 1983 |
| 777 E Altamonte Drive | 777 E. Altamonte Drive, 32701 | 11,356 | 1977 |
| 850 East Altamonte Drive | 850 East Altamonte Drive, 32701 | 101,124 | 1976 |
Worth noting among recent office completions on the Altamonte Springs market is CenterPointe Two, which is currently the largest new office development in the city, at 111,488 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Altamonte Springs commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.