Highlights
- The average rent for office space in Hollywood is $43.48 per square foot, 0.02% higher compared to the previous year.
- The market’s vacancy rate stands at 14.81%, lower than the state average of Florida, which is 15.13%.
- Renting Class A/A+ office space here costs $46.07 per square foot, while Class B averages $45.47 and Class C stands at $27.71.
2025 Office Space Rent & Sales
- $43.48 2025 Avg. Asking Rent
- 0.02% Y-o-Y Avg. Asking Rent Change
- 14.81% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Hollywood?
Average asking rents for office space here stand at $43.48 per square foot. The local office market recorded an average vacancy rate of 14.81% in 2025, unchanged from 14.81% in 2024.
Hollywood, FL Office Asking Rents by Class
What is the average office rent per square foot by property class in Hollywood?
- Avg. Asking Rent Class A & A+$46.07
- Avg. Asking Rent Class B$45.47
- Avg. Asking Rent Class C$27.71
The average asking rent for Class A and A+ office space stood at $46.07 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Hollywood averaged $45.47 per square foot, while the average for Class C space was $27.71 per square foot.
What is the average office rent per square foot by property class in FL?
- Avg. Asking Rent Class A & A+$45.91
- Avg. Asking Rent Class B$27.03
- Avg. Asking Rent Class C$19.30
For comparison, the average rent for Class A and A+ office space in Florida was $45.91 per square foot. The state-wide average for Class B space was $27.03 per square foot, and Class C office spaces averaged $19.30 per square foot.
Hollywood, FL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Hollywood | $54.78 | 16.45% |
| Pembroke Pines | $37.06 | 21.56% |
| Miramar | $35.69 | 15.32% |
Office Construction in Hollywood, FL
What are the largest recent office completions in Hollywood?
The largest recent office completion here is Presidential Circle at 281,625 square feet, completed in 1989. The next largest completions are Venture Corporate Center III and Harrison Executive Centre.
| Office building | Address | SF | Completed |
|---|---|---|---|
| ICON | 1895 Tyler Street, 33020 | 49,607 | 2023 |
| Harrison Executive Centre | 1930 Harrison Street, 33020 | 55,000 | 2004 |
| Emerald Lake Plaza | 3107 Stirling Road, 33312 | 41,249 | 1999 |
| Presidential Circle Office Plaza | 3801 Hollywood Blvd, 33021 | 19,616 | 1990 |
| Presidential Circle Office Plaza | 3801 Hollywood Boulevard, 33021 | 19,616 | 1990 |
| Presidential Circle | 4000 Hollywood Blvd, 33021 | 281,625 | 1989 |
| Venture Corporate Center III | 300 S Park Road, 33021 | 84,823 | 1986 |
| Stirling Square Office Center | 2901 Stirling Road, 33312 | 51,598 | 1986 |
| Sheridan Executive Centre | 3475 Sheridan Street, 33021 | 37,804 | 1986 |
| 1818 Sheridan | 1818 Sheridan Street, 33020 | 7,499 | 1986 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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.