Fort Lauderdale Office Market Report
By PropZone Research · Data through Q2 2025 · Aggregated from Lee Associates, Cushman & Wakefield
Quarterly office market indicators for Fort Lauderdale, aggregated by PropZone from Lee Associates, Cushman & Wakefield. As of Q2 2025, average asking rent was $27.48/SF with a 8.5% vacancy rate.
Projected current office pricing — Fort Lauderdale
indicative confidenceModeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Fort Lauderdale office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2025 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent trend-adjusted to today). Assumes ~92% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2025 | $27.48/SF | 8.5% | 276K SF | — | Lee Associates |
| Q3 2019 | $9.36/SF | 3.7% | -278K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Fort Lauderdale?
- As of Q2 2025, the average asking rent for office space in Fort Lauderdale was $27.48/SF, per Lee Associates.
- What is the office vacancy rate in Fort Lauderdale?
- The office vacancy rate in Fort Lauderdale was 8.5% as of Q2 2025 (Lee Associates).
- Where does PropZone's Fort Lauderdale market data come from?
- This report aggregates quarterly office market data for Fort Lauderdale from Lee Associates, Cushman & Wakefield.