Lawrenceville Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $27.44 2024 Avg. Asking Rent
  • 14.36% 2024 Office Vacancy Rate

Lawrenceville office price per square foot in 2024 was $27.44 on average. The local office market recorded an average vacancy rate of 14.36% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Georgia Class A & A+ Office Space$36.53
  • Georgia Class B Office Space$23.47
  • Georgia Class C Office Space$17.64

Lawrenceville, GA Office Asking Rents by Class

2024 Office Vacancy Rates in Lawrenceville

Submarket Asking Rents Vacancy Rates
Lawrenceville $28.61 9.93%
I-95 Corridor Duluth $26.84 13.83%
Buford $22.00 2.32%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Lawrenceville market was 14.36% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Lawrenceville was 2.32% in the Buford submarket, while the highest office vacancy in the market was 13.83%, recorded in I-95 Corridor Duluth.

Office Spaces for Rent in Georgia

Coworking Spaces in Georgia

2024 Office Construction in Lawrenceville, GA

  • Lawrenceville, GA Total SF completed in 2024 100,000

During 2024, 100,000 square feet of new office space were delivered across the market. At the close of 2024, the Lawrenceville office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 100,000 square feet of office space.

Largest Office Properties Recently Completed in Lawrenceville
Office building Address SF Completed
Horizon Summit - Building 300 415 Horizon Drive, 30024 33,575 2007
Lawrenceville Commons 33 S Clayton St, 30046 22,500 2007
Intellicenter 2530 Sever Road NW, 30043 150,063 2006
Hillside at Huntcrest Bldg. A 1715 N Brown Rd NW, 30043 70,000 2006
595 Hurricane Shoals Road 595 Hurricane Shoals Road, 30046 60,626 2005
±5,700 Office Opportunity in Lawrenceville | For Sale or Lease 313 Swanson Dr, 30043 5,700 2002
±5,700 Office Opportunity in Lawrenceville | For Sale or Lease 313 Swanson Dr, 30043 5,700 2002
1255 Lakes Parkway - Building 300 1255 Lakes Pkwy, 30043 57,170 2000
805 Marathon Pkwy 805 Marathon Pkwy, 30046 70,000 1998
Gwinnett 500 Building 500 Medical Center Blvd, 30046 74,636 1996

Worth noting among recent office completions on the Lawrenceville market is Horizon Summit - Building 300, which is currently the largest new office development in the city, at 33,575 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Lawrenceville 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.