Coral Springs Office Market Trends

Office Rental Market

  • $26.43 2019 Avg. Asking Rent
  • 6.93 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Coral Springs was $26.43 per square foot, and the office vacancy rate across the market averaged 6.93 %. During 2019, developers added 0 square feet of new office space to the Coral Springs market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Coral Springs Class A Office Buildings$30.68
  • Coral Springs Class B Office Buildings$21.86
  • FL Class A Office Buildings$37.07
  • FL Class B Office Buildings$23.53
  • FL Class C Office Buildings$18.02

Coral Springs, FL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Coral Springs, FL

  • Coral Springs, FL Total Sqft completed in 2019 0
  • Coral Springs, FL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Coral Springs
Building name Address Total Sqft Year built
Coral Springs Professional Campus 5401 North University Drive, 33067 139,272 2005
Whispering Woods Center 7301 Wiles Road, 33067 139,200 2007
Coral Springs Research and Development Corporate Park - 3975 NW 120th Avenue 3975 NW 120th Avenue, 33065 107,736 1999
The Corporate Park of Coral Springs - 4000 Coral Ridge Drive 4000 Coral Ridge Drive, 33065 97,180 1965
One Charter Place 3201 North University Drive, 33065 96,000 2007
Center for the Medical Arts at Coral Springs 8100 Royal Palm Blvd, 33071 94,972 1986
The Walk - 2700 North University Drive 2700 North University Drive, 33065 91,822 2000
Heron Bay Corporate Center III & IV 5810 Coral Ridge Drive, 33076 91,430 2006
MedArts in the Springs I & II 2901 Coral Hills Drive, 33065 90,597 2005
Heron Bay Corporate Center I & II 11555 Heron Bay Blvd, 33076 89,043 1999
Largest Office Properties Recently Completed in Coral Springs
Office building Address Sqft Completed
Cleveland Clinic Family Health and Ambulatory Surgery Center 5701 North University Drive, 33076 73,000 2018
Whispering Woods Center 7301 Wiles Road, 33067 139,200 2007
One Charter Place 3201 North University Drive, 33065 96,000 2007
Heron Bay Corporate Center - 5850 Coral Ridge Drive 5850 Coral Ridge Drive, 33076 35,077 2007
Coral Ridge Park 3930 Coral Ridge Drive, 33065 33,976 2007
Heron Bay Corporate Center III & IV 5810 Coral Ridge Drive, 33076 91,430 2006
Coral Springs Professional Campus 5401 North University Drive, 33067 139,272 2005
MedArts in the Springs I & II 2901 Coral Hills Drive, 33065 90,597 2005
Centerline Office Complex 825 Coral Ridge Drive, 33071 27,440 2005
3100 Coral Hills Drive 3100 Coral Hills Drive, 33065 58,253 2004
Data provided by Commercial Edge

Office Spaces for Rent in Florida

See trends for nearby markets

The Coral Springs office market contains an inventory of 2,366,878 square feet of office space, in 88 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Coral 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.