Fort Myers Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $21.13 2024 Avg. Asking Rent
  • -4.55% Y-o-Y Avg. Asking Rent Change
  • 9.60% 2024 Office Vacancy Rate
  • $36.5M2024 Total Office Sales
  • $205.53Avg. Sale Price/SF

Fort Myers office price per square foot in 2024 was $21.13 on average. This marked a -4.55% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 9.60% across all asset classes combined. The 5 transactions that closed here throughout 2024 amounted to a total sale volume of $36.5M. Fort Myers office space commanded an average sale price per square foot of $205.53.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Florida Class A & A+ Office Space$40.20
  • Florida Class B Office Space$27.71
  • Florida Class C Office Space$22.62

Fort Myers, FL Office Asking Rents by Class

2024 Office Vacancy Rates in Fort Myers

Submarket Asking Rents Vacancy Rates
East Fort Myers $22.34 22.15%
West Fort Myers $21.43 7.20%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Fort Myers market was 9.60% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Fort Myers was 7.20% in the West Fort Myers submarket, while the highest office vacancy in the market was 22.15%, recorded in East Fort Myers.

Office Spaces for Rent in Florida

Fort Myers Office Sale Price per SF

  • $205.532024 Avg. Price per SF
  • -16.12%Y-o-Y Avg. PpSF Change
  • $36.5M2024 Office Sales Volume
  • 52024 Number of Transactions

Fort Myers, FL Sale Price per SF Trend

  • Fort Myers Avg. Sale Price per SF in 2024$205.53
  • Florida Avg. Sale Price per SF in 2024$221.95
Fort Myers office space cost in 2024 marked a -16.12% change compared to the previous year. The sale price for office space in Fort Myers averaged $205.53 per square foot in 2024, across all market subdivisions and asset classes. Conversely, the statewide Florida average office sale price during the same time period was $221.95 per square foot.

2024 Office Sales Volume

  • Fort Myers, FL Total Office Sales Volume in 2024 $36.5M
  • Fort Myers, FL Total Number of Office Sales Closed in 2024 5
A total of 5 deals closed on the Fort Myers office market in 2024, adding up to a yearly sales volume of $36.5M. Notably, the largest transaction on the market saw 13813 Metro Pkwy change hands for $13,200,000 on 4/12/2024.
Data provided by Commercial Edge

Coworking Spaces in Florida

2024 Office Construction in Fort Myers, FL

Largest Office Properties Recently Completed in Fort Myers
Office building Address SF Completed
7964 Summerlin Lakes Dr 7964 Summerlin Lakes Dr, 33907 14,027 2018
12769 Gateway Blvd 12769 Gateway Blvd, 33913 129,499 2015
Freestanding Commercial Building 9705 Commerce Center Court, 33908 6,000 2013
Gulf Coast Medical Park 13778 Plantation Road, 33912 28,507 2010
Six Mile Corporate Park 12140 Carissa Commerce Ct, 33966 46,000 2009
12550 Professional Park Dr 12550 Professional Park Dr, 33913 21,188 2008
12486 Brantley Commons Court 12486 Brantley Commons Court, 33907 3,000 2007
Headquarters Office Facility 4371 Veronica S Shoemaker Blvd, 33916 57,084 2006
Freestanding Office Building 13751 Metropolis Ave, 33912 11,515 2004
3602 Colonial Ct 3602 Colonial Ct , 33913 11,126 2004

Worth noting among recent office completions on the Fort Myers market is 7964 Summerlin Lakes Dr, which is currently the largest new office development in the city, at 14,027 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Fort Myers 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.