# Miami office lease norms

> Modified-gross structures dominate; 7-10 year terms are common.

**Canonical URL:** https://classa.info/cities/miami/leasing-conventions
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Typical lease length: 7 years.
- Typical rent-free: 9 months.
- Vacancy: 11.8%; trend rising.
- Modified-gross structures dominate; 7-10 year terms are common.

## Key facts
- **city**: Miami
- **country**: United States
- **region**: Americas
- **classARentLocal**: $78/sqft/yr
- **classARentUsd**: $78/sqft/yr
- **vacancy**: 11.8%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 9
- **submarkets**: 5
- **primeYieldPct**: 5.4%

## FAQ
### What's a typical lease term in Miami?
7 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

### How is rent quoted in Miami?
In USD/sqft/year. We also publish a USD-normalised view ($78/sqft/yr) for cross-market comparison.

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Citation: Source: Class A Atlas (https://classa.info/cities/miami/leasing-conventions), updated 2026-04-15T00:00:00.000Z.