Highlights
- The average rent for office space in Fort Wayne is $16.73 per square foot, 2.04% higher compared to the previous year.
- The average sale price for office space in Fort Wayne is $161.98 per square foot, marking an increase of 284.24% compared to 2024.
- The market’s vacancy rate stands at 14.97%, lower than the state average of Indiana, which is 15.90%.
2025 Office Space Rent & Sales
- $16.73 2025 Avg. Asking Rent
- 2.04% Y-o-Y Avg. Asking Rent Change
- 14.97% 2025 Office Vacancy Rate
- $30.8M2025 Total Office Sales
- $161.98Avg. Sale Price/SF
What is the average asking rent price for office space in Fort Wayne?
Average asking rents for office space here stand at $16.73 per square foot. The local office market recorded an average vacancy rate of 14.97% in 2025, unchanged from 14.97% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $30.8M across 6 sales. These transactions commanded an average sale price per square foot of $161.98.
Fort Wayne, IN Office Asking Rents by Class
What is the average office rent per square foot by property class in Fort Wayne?
- Avg. Asking Rent Class A & A+$19.25
- Avg. Asking Rent Class B$15.95
What is the average office rent per square foot by property class in IN?
- Avg. Asking Rent Class A & A+$26.78
- Avg. Asking Rent Class B$19.27
- Avg. Asking Rent Class C$15.47
For comparison, the average rent for Class A and A+ office space in Indiana was $26.78 per square foot. The state-wide average for Class B space was $19.27 per square foot, and Class C office spaces averaged $15.47 per square foot.
Fort Wayne, IN Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Fort Wayne - I-69 | $19.41 | 12.18% |
| Fort Wayne - IN-3 | $17.42 | 24.89% |
| Fort Wayne - Central | $16.57 | 13.24% |
| Fort Wayne - East | $14.54 | 31.21% |
Office Construction in Fort Wayne, IN
What are the largest recent office completions in Fort Wayne?
The largest recent office completion here is 10020 Dupont Circle Court at 30,623 square feet, completed in 2005. The next largest completions are 10020 Dupont Circle Court and 6038 Huguenard Rd.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 201 E. Superior St. | 201 E. Superior St., 46802 | 9,646 | 2025 |
| 9307 Illinois Rd | 9307 Illinois Rd, 46804 | 11,800 | 2023 |
| 6038 Huguenard Rd | 6038 Huguenard Rd, 46818 | 17,000 | 2010 |
| 10307 Dupont Circle Drive W | 10307 Dupont Circle Drive W, 46825 | 13,083 | 2008 |
| 3909 Lake Ave. | 3909 Lake Ave., 46805 | 8,025 | 2008 |
| 3909 Lake Ave. | 3909 Lake Ave., 46805 | 8,025 | 2008 |
| 9071 Stellhorn Crossing Pkwy. | 9071 Stellhorn Crossing Pkwy., 46815 | 7,592 | 2006 |
| 10020 Dupont Circle Court | 10020 Dupont Circle Court, 46825 | 30,623 | 2005 |
| 10020 Dupont Circle Court | 10020 Dupont Circle Court, 46825 | 30,623 | 2005 |
| 11115 Lima Road, Fort Wayne, IN 46818 | 11115 Lima Road, 46818 | 6,525 | 2004 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.