2020 Office Space Rent & Sales
- $27.06 2020 Avg. Asking Rent
- 11.68% 2020 Office Vacancy Rate
Sunrise office price per square foot in 2020 was $27.06 on average. The local office market recorded an average vacancy rate of 11.68% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Sunrise Class A Office Space$30.48
- Sunrise Class B Office Space$21.72
- Florida Class A Office Space$37.78
- Florida Class B Office Space$23.96
- Florida Class C Office Space$18.38
Sunrise, FL Office Asking Rents by Class
2020 Office Construction in Sunrise, FL
- Sunrise, FL Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Sunrise office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| American Express at Sunrise Corporate Center | 1500 NW 136th Avenue, 33323 | 443,000 | 2017 |
| Crawford | 1391 NW 136th Avenue, 33323 | 64,241 | 2009 |
| Indian Trace Commons | 1398 SW 160th Avenue, 33326 | 28,010 | 2009 |
| 9000 NW 44th Street | 9000 NW 44th Street, 33351 | 11,975 | 2009 |
| William "Bill" King VA Clinic | 9800 West Commercial Blvd, 33351 | 107,000 | 2008 |
| 4710, 4760 & 4790 North Hiatus Road | 4710 North Hiatus Road, 33351 | 18,522 | 2008 |
| 8850 West Oakland Park Blvd | 8850 West Oakland Park Blvd, 33351 | 12,549 | 2008 |
| Park 68 | 4617 NW 103rd Avenue, 33351 | 30,000 | 2007 |
| Lake Shore Plaza | 1301 International Pkwy, 33323 | 140,160 | 2006 |
| 4577 Nob Hill Road | 4577 Nob Hill Road, 33351 | 23,989 | 2006 |
Worth noting among recent office completions on the Sunrise market is American Express at Sunrise Corporate Center, which is currently the largest new office development in the city, at 443,000 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Sunrise 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.