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Orlando Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Orlando is $29.05 per square foot, 11.06% lower compared to the previous year.
  • The average sale price for office space in Orlando is $285.39 per square foot, marking an increase of 27.43% compared to 2024.
  • The market’s vacancy rate stands at 20.21%, higher than the state average of Florida, which is 15.13%.
  • Renting Class A/A+ office space here costs $30.58 per square foot, while Class B averages $26.47 and Class C stands at $24.83.
  • 363,000 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $29.05 2025 Avg. Asking Rent
  • -11.06% Y-o-Y Avg. Asking Rent Change
  • 20.21% 2025 Office Vacancy Rate
  • $96.7M2025 Total Office Sales
  • $285.39Avg. Sale Price/SF

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

Average asking rents for office space here stand at $29.05 per square foot. The local office market recorded an average vacancy rate of 20.21% in 2025, unchanged from 20.21% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $96.7M across 6 sales. These transactions commanded an average sale price per square foot of $285.39.

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Orlando, FL Office Asking Rents by Class

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

  • Avg. Asking Rent Class A & A+$30.58
  • Avg. Asking Rent Class B$26.47
  • Avg. Asking Rent Class C$24.83

The average asking rent for Class A and A+ office space stood at $30.58 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Orlando averaged $26.47 per square foot, while the average for Class C space was $24.83 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.

Orlando, FL Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Orlando was Kissimmee at 11.05%. Meanwhile, the highest office vacancy rate in the market was 30.53%, recorded in University.
Submarket Asking Rents Vacancy Rates
Downtown Orlando $33.01 12.73%
Northeast Orlando $29.11 15.77%
University $28.37 30.53%
Tourist Corridor $27.31 18.85%
Southeast Orlando $27.20 21.83%
Maitland $26.50 24.87%
Kissimmee $26.30 11.05%
Metro West - Park Central $26.05 19.79%
Northwest Orlando $22.76 21.91%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $285.392025 Avg. Price per SF
  • 27.43%Y-o-Y Avg. PpSF Change
  • $96.7M2025 Office Sales Volume
  • 62025 Number of Transactions

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

Average sale prices for office space in this market recorded a +27.43% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $285.39 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.

Orlando, FL Sale Price per SF Trend

  • Orlando Avg. Sale Price per SF in 2025$285.39
  • Florida Avg. Sale Price per SF in 2025$209.15

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

The local office market recorded 6 deals in 2025, adding up to a yearly sales volume of $96.7M.

  • Orlando, FL Total Office Sales Volume in 2025 $96.7M
  • Orlando, FL Total Number of Office Sales Closed in 2025 6
Data provided by Yardi Research

2025 Office Construction in Orlando, FL

  • Orlando, FL Total SF completed in 2025 284,000
  • Orlando, FL Total SF under construction in 2026 363,000

How much office space was built in Orlando in 2025?

284,000 square feet of new office space was delivered across the market in the previous year. New construction included 3 properties, with an average new property size of 94,667 square feet.

Looking forward, development activity in 2026 is estimated to add 363,000 square feet of office space to the market in total.

What are the largest recent office completions in Orlando?

The largest recent office completion here is One Performance Plaza at 152,784 square feet, completed in 2023. The next largest completions are One Eleven and Kirkman Point II.

Office building Address SF Completed
2130 South Orange Avenue 2130 South Orange Avenue, 32806 53,048 2024
Ocoee Medical Village 3872 Old Winter Garden Road, 34734 30,000 2024
One Performance Plaza 6424 Alexandra Louise Drive, 32827 152,784 2023
Lake Nona Town Center - 13495 Veterans Way 13495 Veterans Way, 32827 68,398 2022
Lake House 295 NE Ivanhoe Blvd, 32804 40,000 2021
Kirkman Point II 7141 South Kirkman Road, 32819 134,000 2017
Lake Nona Town Center - Office I 6900 Tavistock Lakes Blvd, 32827 99,000 2015
GuideWell Innovation Center 6555 Sanger Road, 32827 92,120 2015
Kirkman Point I 7055 South Kirkman Road, 32819 134,000 2013
One Eleven 111 N. Magnolia Avenue, 32801 152,360 2008
Data provided by Yardi Research

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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.

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