west palm beach Office Market Report

By CREhunt Research · Data through Q4 2025 · Aggregated from JLL

Quarterly office market indicators for west palm beach, aggregated by CREhunt from JLL. As of Q4 2025, average asking rent was $67.32/SF/yr and vacancy was 14.5%, per JLL.

Projected current office pricing — west palm beach

Projected asking rent
$67.32–$73.78/SF/yr
Estimated sale value
$334–$626/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for west palm beach office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2025 JLL asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent trend-adjusted to today). Assumes ~86% occupancy and a 50–65% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q4 2025
JLL
$67.32/SF/yr14.5%——

Frequently asked questions

What is the average asking rent for office space in west palm beach?
As of Q4 2025, the average asking rent for office space in west palm beach was $67.32/SF/yr, per JLL.
What is the office vacancy rate in west palm beach?
The office vacancy rate in west palm beach was 14.5% as of Q4 2025 (JLL).
Where does CREhunt's west palm beach market data come from?
This report aggregates quarterly office market data for west palm beach from JLL.