2021 Office Space Rent & Sales
- $20.10 2021 Avg. Asking Rent
- 27.97% 2021 Office Vacancy Rate
Florence office price per square foot in 2021 was $20.10 on average. The local office market recorded an average vacancy rate of 27.97% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Florence Class A & A+ Office Space$25.53
- Florence Class B Office Space$19.97
- Kentucky Class A & A+ Office Space$21.73
- Kentucky Class B Office Space$18.59
Florence, KY Office Asking Rents by Class
Office Spaces for Rent in Kentucky
- Louisville Office Space
- Lexington Office Space
- Covington Office Space
- Ft Mitchell Office Space
- Florence Office Space
- Newport Office Space
- Erlanger Office Space
- Hebron Office Space
- Bowling Green Office Space
- Frankfort Office Space
- Owensboro Office Space
- Prospect Office Space
- Georgetown Office Space
- Winchester Office Space
- Elizabethtown Office Space
Coworking Spaces in Kentucky
- Chicago Coworking Space
- Indianapolis Coworking Space
- Nashville Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Kansas City Coworking Space
- Arlington Coworking Space
- Alexandria Coworking Space
- Cleveland Coworking Space
- Louisville Coworking Space
- Memphis Coworking Space
- Knoxville Coworking Space
- Carmel Coworking Space
- Lexington Coworking Space
- Richmond Coworking Space
- Reston Coworking Space
- Virginia Beach Coworking Space
- Dublin Coworking Space
- Naperville Coworking Space
- Florence Coworking Space
2021 Office Construction in Florence, KY
| Office building | Address | SF | Completed |
|---|---|---|---|
| Ewing Professional Center | 7766 Ewing Blvd, 41042 | 40,600 | 2005 |
| Florence Executive Center II | 500 Meijer Drive, 41042 | 52,320 | 2004 |
| 500 Meijer Drive - Sublease | 500 Meijer Drive, 41042 | 0 | 2004 |
| Florence Executive Center I | 600 Meijer Drive, 41042 | 52,349 | 2001 |
| Cavalier Medical Center | 51 Cavalier Blvd, 41042 | 40,929 | 1998 |
| CMC Office Center - Turfway | 75 Cavalier Blvd, 41042 | 119,937 | 1997 |
| Turfway Ridge II | 7310 Turfway Rd., 41042 | 108,195 | 1988 |
| Turfway Ridge I | 7300 Turfway Rd., 41042 | 107,409 | 1985 |
| Kentucky Drive Bus Park #2 | 7960 Kentucky Dr., 41042 | 61,400 | 1976 |
| Biederman Facility | 8025 Dream Street, 41042 | 6,000 | 1955 |
Worth noting among recent office completions on the Florence market is Ewing Professional Center, which is currently the largest new office development in the city, at 40,600 square feet.
See reports for other markets
- Louisville Office Rent Price
- Cincinnati Office Rent Price
- Atlanta Office Rent Price
- San Francisco Office Rent Price
- Houston Office Rent Price
- New York City Office Rent Price
- Denver Office Rent Price
- San Diego Office Rent Price
- Washington Office Rent Price
- San Antonio Office Rent Price
- Charlotte Office Rent Price
- Austin Office Rent Price
- Seattle Office Rent Price
- Miami Office Rent Price
- Dallas Office Rent Price
- Phoenix Office Rent Price
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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Florence 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.