Doral Office Market Trends

Office Rental Market

  • $31.75 2019 Avg. Asking Rent
  • 13.56 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Doral was $31.75 per square foot, and the office vacancy rate across the market averaged 13.56 %. During 2019, developers added 0 square feet of new office space to the Doral 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

  • Doral Class A Office Buildings$32.42
  • Doral Class B Office Buildings$31.28
  • Doral Class C Office Buildings$23.43
  • FL Class A Office Buildings$37.07
  • FL Class B Office Buildings$23.53
  • FL Class C Office Buildings$18.02

Doral, FL Office Asking Rents by Class

Office asking rents vary across the Doral office market depending on several factors, one of which is property class. While rents for Class A office buildings in Doral averaged $32.42 per square foot in 2019, Class B office properties garnered average rental rates of $31.28 per square foot. Rental rates for Class C office property in Doral averaged $23.43 per square foot. On a statewide level, Class B office space rents averaged $23.53 per square foot, while rents for Class A office space across Florida averaged $37.07 per square foot. On average, Class C office properties in Florida commanded rents of $18.02 per square foot.

OFFICE CONSTRUCTION IN Doral, FL

  • Doral, FL Total Sqft completed in 2019 0
  • Doral, FL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Doral
Building name Address Total Sqft Year built
Carnival Cruise Lines 3655 NW 87th Avenue, 33178 452,979 1982
One Park Square 3470 NW 82nd Avenue, 33122 281,623 2009
Doral Concourse 8400 NW 36th St, 33166 245,803 2001
The Landing - Bldg 8 7300 Corporate Center Dr, 33126 241,594 1987
The Landing at MIA - 7300 Corporate Center Drive 7300 Corporate Center Drive, 33126 241,594 1987
Doral Court 8600 NW 36th Street, 33166 230,504 1979
Corporate Park of Doral 7775 NW 48th Street, 33166 192,800 1972
9250 Doral 9250 NW 36th St, 33178 187,326 1984
9250 Doral 9250 NW 36th Street, 33178 187,069 1983
Westside Plaza I 8400 NW 33rd Street, 33122 160,387 1996
Largest Office Properties Recently Completed in Doral
Office building Address Sqft Completed
Baptist Health Emergency Center Doral 9500 NW 58th Street, 33178 43,599 2021
7800 NW 29th Street 7800 NW 29th Street, 33122 60,000 2020
Doral Medical Plaza 10305 NW 58th Street, 33178 67,285 2016
Doral Park Centre 3905 NW 107th Avenue, 33178 106,339 2014
Downtown Doral - 8333 Downtown Doral 8333 NW 53rd Street, 33166 150,000 2010
One Park Square 3470 NW 82nd Avenue, 33122 281,623 2009
7950 Professional Center 7950 NW 53rd Street, 33178 68,742 2008
The Pointe at Doral 2555 NW 102nd Avenue, 33172 53,382 2008
The Pavilion at Doral 3650 NW 82nd Avenue, 33166 76,000 2007
Century Tower 2295 NW 87th Avenue, 33172 74,912 2007
Data provided by Commercial Edge

Office Spaces for Rent in Florida

See trends for nearby markets

The Doral office market contains an inventory of 5,141,378 square feet of office space, in 56 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 Doral 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.