2024 Office Space Rent & Sales
- $32.52 2024 Avg. Asking Rent
- 15.99% 2024 Office Vacancy Rate
Altamonte Springs office price per square foot in 2024 was $32.52 on average. The local office market recorded an average vacancy rate of 15.99% 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
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
Altamonte Springs, FL Office Asking Rents by Class
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2024 Office Construction in Altamonte Springs, FL
- Altamonte Springs, FL Total SF completed in 2024 175,000
During 2024, 175,000 square feet of new office space were delivered across the market. At the close of 2024, the Altamonte Springs office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 175,000 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| MAC Center For Sale or Lease | 177 Montgomery Road, 32714 | 24,000 | 2009 |
| CenterPointe Two | 220 East Central Pkwy, 32701 | 111,488 | 1999 |
| CenterPointe One | 240 East Central Pkwy, 32701 | 104,000 | 1998 |
| 460 E Altamonte Dr Ste 300 | 460 E Altamonte Dr Ste 300, 32701 | 31,635 | 1989 |
| Sanlando Center Office Park II | 2180 West State Road 434, 32779 | 162,000 | 1987 |
| 285 West Central Pkwy | 285 West Central Pkwy, 32714 | 52,800 | 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 |
| Appealing Maitland Professional Office | 659 Maitland Avenue, 32701 | 3,600 | 1985 |
| Sanlando Center Office Park I | 2170 West State Road 434, 32779 | 108,000 | 1984 |
Worth noting among recent office completions on the Altamonte Springs market is MAC Center For Sale or Lease, which is currently the largest new office development in the city, at 24,000 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 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 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.