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Sunrise Office Rent Price & Sales Report

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.

Largest Office Properties Recently Completed in Sunrise
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.

Data provided by Commercial Edge

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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.

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