Jacksonville Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Jacksonville is $22.51 per square foot, 0.83% lower compared to the previous year.
  • The market’s vacancy rate stands at 14.48%, lower than the state average of Florida, which is 15.13%.
  • Renting Class A/A+ office space here costs $24.81 per square foot, while Class B averages $20.43 and Class C stands at $15.47.
  • 212,471 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $22.51 2025 Avg. Asking Rent
  • -0.83% Y-o-Y Avg. Asking Rent Change
  • 14.48% 2025 Office Vacancy Rate
  • $273.8M2025 Total Office Sales
  • $81.79Avg. Sale Price/SF

What is the average asking rent price for office space in Jacksonville?

Average asking rents for office space here stand at $22.51 per square foot. The local office market recorded an average vacancy rate of 14.48% in 2025, unchanged from 14.48% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $273.8M across 24 sales. These transactions commanded an average sale price per square foot of $81.79.

Jacksonville, FL Office Asking Rents by Class

What is the average office rent per square foot by property class in Jacksonville?

  • Avg. Asking Rent Class A & A+$24.81
  • Avg. Asking Rent Class B$20.43
  • Avg. Asking Rent Class C$15.47

The average asking rent for Class A and A+ office space stood at $24.81 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Jacksonville averaged $20.43 per square foot, while the average for Class C space was $15.47 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.

Jacksonville, FL Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Jacksonville was Urban Core at 0.48%. Meanwhile, the highest office vacancy rate in the market was 23.22%, recorded in Arlington.
Submarket Asking Rents Vacancy Rates
Urban Core $58.20 0.48%
Butler - Baymeadows $27.23 4.57%
West Jacksonville $26.36 6.26%
Intracoastal West $24.01 7.76%
Downtown $23.68 14.35%
Mandarin $22.53 21.47%
Southside $21.62 20.76%
Arlington $18.61 23.22%
Data provided by Yardi Research

Explore Top Office Markets in Florida

2025 Office Sales Volume

  • $81.792025 Avg. Price per SF
  • -11.61%Y-o-Y Avg. PpSF Change
  • $273.8M2025 Office Sales Volume
  • 242025 Number of Transactions

What is the average sale price per square foot for office space in Jacksonville?

Average sale prices for office space in this market recorded a -11.61% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $81.79 per square foot. For comparison, the statewide Florida average during the same time period stood at $209.15 per square foot, while the national average was $182.48 per square foot.

Jacksonville, FL Sale Price per SF Trend

  • Jacksonville Avg. Sale Price per SF in 2025$81.79
  • Florida Avg. Sale Price per SF in 2025$209.15

What was the total office sales volume in Jacksonville in 2025?

The local office market recorded 24 deals in 2025, adding up to a yearly sales volume of $273.8M.

  • Jacksonville, FL Total Office Sales Volume in 2025 $273.8M
  • Jacksonville, FL Total Number of Office Sales Closed in 2025 24

What were the largest office building sales in Jacksonville in 2025?

The market’s largest transaction last year was the sale of San Marco East Plaza for $38,000,000 on 12/18/2025.
The next-highest sale was the transaction involving 5201 Gate Pkwy, which traded for $31,225,000. The third-largest transaction was the sale of 14000 Citicards Way for $24,000,000.

Property name Address Date Price
San Marco East Plaza 3563 Phillips Hwy 12/18/2025 $38,000,000
5201 Gate Pkwy 5201 Gate Pkwy 6/13/2025 $31,225,000
14000 Citicards Way 14000 Citicards Way 1/23/2025 $24,000,000
Barnett Building, The 112 West Adams Street 12/18/2025 $15,626,000
Vista South Building 7051 Southpoint Pkwy 11/25/2025 $15,600,000
Data provided by Yardi Research

Office Construction in Jacksonville, FL

  • Jacksonville, FL Total SF under construction in 2026 212,471

What are the largest recent office completions in Jacksonville?

The largest recent office completion here is Cubework Jacksonville at 174,157 square feet, completed in 2019. The next largest completions are One Tower Court and Park Place One at Nocatee.

Office building Address SF Completed
One Tower Court 1 Tower Court, 32202 137,000 2026
9080 Baymeadows Park Dr 9080 Baymeadows Park Dr, 32256 3,993 2024
The Palms at Gate Parkway - Building 3 7510 Gate Pkwy North, 32256 33,360 2023
The Palms at Gate Parkway - Building 1 7570 Gate Pkwy North, 32256 33,360 2023
Park Place One at Nocatee 100 Palmetto Park Place, 32256 125,000 2021
Cubework Jacksonville 2619 Ignition Drive, 32218 174,157 2019
14701 Philips Highway 14701 Philips Highway, 32256 45,000 2018
Gate Professional Center 7741 Point Meadows Dr, 32256 28,000 2015
Office Building for Sale in Riverside 2618 Herschel St, 32204 5,755 2010
9822 Tapestry Park Circle #204-205 9822 Tapestry Park Circle, 32246 5,103 2009
Data provided by Yardi Research

See reports for other markets

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.