2022 Office Space Rent & Sales
- $21.00 2022 Avg. Asking Rent
- 10.01% 2022 Office Vacancy Rate
- $50.7M2022 Total Office Sales
- $204.52Avg. Sale Price/SF
Fort Myers office price per square foot in 2022 was $21.00 on average. The local office market recorded an average vacancy rate of 10.01% across all asset classes combined. The 5 transactions that closed here throughout 2022 amounted to a total sale volume of $50.7M. Fort Myers office space commanded an average sale price per square foot of $204.52.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Fort Myers Class A & A+ Office Space$28.80
- Fort Myers Class B Office Space$23.67
- Fort Myers Class C Office Space$16.14
- Florida Class A & A+ Office Space$35.94
- Florida Class B Office Space$26.81
- Florida Class C Office Space$19.09
Fort Myers, FL Office Asking Rents by Class
Average office rent in Fort Myers rested at $21.00 per square foot in 2022. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Fort Myers averaged $28.80 per square foot. Across all submarkets, class B office space recorded an average asking rent of $23.67 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $16.14 per square foot, on average. Comparably, statewide Florida average office rents by class in 2022 were: $35.94 per square foot for class A office space; $26.81 per square foot for class B office space; $19.09 per square foot for class C office space.
2022 Office Vacancy Rates in Fort Myers
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
East Fort Myers | $29.02 | 7.83% |
West Fort Myers | $21.15 | 10.84% |
Fort Myers Office Sale Price per SF
- $204.522022 Avg. Price per SF
- 35.23%Y-o-Y Avg. PpSF Change
- $50.7M2022 Office Sales Volume
- 52022 Number of Transactions
Fort Myers, FL Sale Price per SF Trend
- Fort Myers Avg. Sale Price per SF in 2022$204.52
- Florida Avg. Sale Price per SF in 2022$234.16
2022 Office Sales Volume
- Fort Myers, FL Total Office Sales Volume in 2022 $50.7M
- Fort Myers, FL Total Number of Office Sales Closed in 2022 5
Largest Fort Myers Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Lee Health Convenient Care - Metro Parkway | 13340 Metro Pkwy | 5/20/2022 | $22,000,000 |
5220 Summerlin Commons Blvd | 5220 Summerlin Commons Blvd | 6/23/2022 | $10,250,000 |
Southwest Professional Plaza | 2675 Winkler Avenue | 2/9/2022 | $8,900,000 |
Metro Park Business Plaza | 4100 Center Pointe Drive | 6/22/2022 | $5,500,000 |
Metro Park - Metro Center I | 2891 Center Pointe Drive | 6/22/2022 | $4,000,000 |
Coworking Spaces in Florida
- Miami Coworking Space
- Tampa Coworking Space
- Jacksonville Coworking Space
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- Boca Raton Coworking Space
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- St. Petersburg Coworking Space
- Doral Coworking Space
- Miami Beach Coworking Space
- Hollywood Coworking Space
- Coral Springs Coworking Space
- Plantation Coworking Space
- Tallahassee Coworking Space
- Aventura Coworking Space
- Fort Myers Coworking Space
- Lake Mary Coworking Space
- Weston Coworking Space
- Clearwater Coworking Space
- Pembroke Pines Coworking Space
- Boynton Beach Coworking Space
- Cape Coral Coworking Space
- Delray Beach Coworking Space
- Kissimmee Coworking Space
- Lakeland Coworking Space
- North Miami Coworking Space
- Pensacola Coworking Space
- Pompano Beach Coworking Space
2022 Office Construction in Fort Myers, FL
- Fort Myers, FL Total SF completed in 2022 106,851
- Fort Myers, FL Total SF under construction in 2023 97,600
During 2022, 106,851 square feet of new office space were delivered across the market. At the close of 2022, the Fort Myers office inventory included 2 buildings equal to or larger than 25,000 square feet, which comprised 106,851 square feet of office space. Looking forward, development activity throughout 2023 is estimated to add 97,600 square feet of office space to the market, before year-end.
Office building | Address | SF | Completed |
---|---|---|---|
Freestanding Commercial Building | 9705 Commerce Center Court, 33908 | 6,000 | 2013 |
Gulf Coast Medical Park | 13778 Plantation Road, 33912 | 28,507 | 2010 |
Six Mile Corporate Park | 12140 Carissa Commerce Ct, 33966 | 46,000 | 2009 |
8000 Summerlin Lakes Dr | 8000 Summerlin Lakes Dr, 33907 | 15,058 | 2007 |
8000 Summerlin Lakes Dr. | 8000 Summerlin Lakes Dr, 33907 | 15,058 | 2007 |
Move-In Ready Class A Office | 14241 Metro Pkwy, 33912 | 8,000 | 2007 |
Headquarters Office Facility | 4371 Veronica S Shoemaker Blvd, 33916 | 57,084 | 2006 |
Orion Center - 6630 Orion Drive | 6630 Orion Drive, 33912 | 52,491 | 2006 |
8880 Gladiolus Dr | 8880 Gladiolus Dr, 33908 | 21,712 | 2006 |
8900 Gladiolus Dr., Suite 202 | 8900 Gladiolus Dr, Suite 202, 33908 | 7,052 | 2006 |
Worth noting among recent office completions on the Fort Myers market is Freestanding Commercial Building, which is currently the largest new office development in the city, at 6,000 square feet.
See reports for other markets
- Miami Office Rent Price
- Jacksonville Office Rent Price
- Tampa Office Rent Price
- Fort Lauderdale Office Rent Price
- Orlando Office Rent Price
- West Palm Beach Office Rent Price
- Boca Raton Office Rent Price
- St. Petersburg Office Rent Price
- Tallahassee Office Rent Price
- Sarasota Office Rent Price
- Hollywood Office Rent Price
- Miami Beach Office Rent Price
- Phoenix Office Rent Price
- Houston Office Rent Price
- Chicago Office Rent Price
- San Francisco Office Rent Price
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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Fort Myers 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.