Fort Lauderdale, Florida

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Last updated: 2-Dec-2009
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* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) $ 32.00 $ 34.00 $ 33.00 N/A N/A
Class A (Prime) $ 28.00 $ 32.00 $ 30.00 17.0% N/A
Class B (Secondary) $ 22.00 $ 26.00 $ 24.00 10.0% N/A
 
Suburban Office
New Construction (AAA) $ 24.00 $ 26.00 $ 25.00 N/A N/A
Class A (Prime) $ 20.00 $ 26.00 $ 23.00 18.0% N/A
Class B (Secondary) $ 15.00 $ 20.00 $ 18.50 16.0% N/A
 
Industrial
Bulk Warehouse $ 6.00 $ 8.00 $ 7.00 8.0% N/A
Manufacturing $ 5.00 $ 7.00 $ 6.00 9.0% N/A
High Tech / R&D $ 7.00 $ 12.00 $ 9.50 10.0% N/A
 
Retail
Downtown $ 15.00 $ 30.00 $ 22.50 10.0% N/A
Neigborhood Service Centers $ 10.00 $ 25.00 $ 17.50 15.0% N/A
Community Power Center $ 20.00 $ 40.00 $ 30.00 8.0% N/A
Regional Malls $ 25.00 $ 60.00 $ 35.00 7.0% N/A

Development Land Low () High ()
Office in CBD $ 500,000 $ 1,000,000
Land in Office Parks $ 400,000 $ 650,000
Land in Industrial Parks $ 250,000 $ 500,000
Office/Industrial Land - Non-park $ 250,000 $ 500,000
Retail/Commercial Land $ 650,000 $ 1,200,000
Residential $ 200,000 $ 600,000
5300 North Federal Highway, Fort Lauderdale FL 33308