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Altamonte Springs Office Rent Price & Sales Report

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.

Largest Office Properties Recently Completed in Altamonte Springs
Office building Address SF Completed
125 West Pineview Street 125 West Pineview Street, 32714 6,800 2000
CenterPointe II 220 East Central Pkwy, 32701 111,488 1999
CenterPointe I 240 East Central Pkwy, 32701 104,000 1998
Altamonte Lakeside Park - 309 Cranes Roost Blvd 309 Cranes Roost Blvd, 32701 11,431 1995
Office Building For Sale 260 Maitland Avenue, 32701 7,320 1990
West Town Corners - 340 & 380 South State Route 434 340 South State Route 434, 32714 160,036 1989
Sanlando II 2180 West State Road 434, 32779 162,000 1987
285 West Central Pkwy 285 West Central Pkwy, 32714 52,800 1987
The Westmonte Building 217 North Westmonte Drive, 32714 43,596 1986
220 North Westmonte Drive 220 North Westmonte Drive, 32714 14,038 1985

Worth noting among recent office completions on the Altamonte Springs market is 125 West Pineview Street, which is currently the largest new office development in the city, at 6,800 square feet.

Data provided by Yardi Research

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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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.

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