Net leases.

  • Typical lease length: 5 years.
  • Typical rent-free: 5 months.
  • Vacancy: 17.4%; trend flat.
  • Net leases.

Buenos Aires office lease norms

Net leases.

TL;DR

  • Typical lease length: 5 years.
  • Typical rent-free: 5 months.
  • Vacancy: 17.4%; trend flat.
  • Net leases.

Structure

Net leases. 3-5 year terms. Trophy international leases predominantly USD-denominated with USD payment required. Domestic peso leases include high inflation indexation.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

cityBuenos Aires
countryArgentina
regionAmericas
classARentLocal14 USD/sqft/yr
classARentUsd$14/sqft/yr
vacancy17.4%
typicalLeaseYears5
typicalRentFreeMonths5
submarkets5
primeYieldPct8.8%

Frequently asked questions

What's a typical lease term in Buenos Aires?
5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Buenos Aires?
In USD/sqft/year. We also publish a USD-normalised view ($14/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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