2024 Office Space Rent & Sales
- $14.81 2024 Avg. Asking Rent
- 12.83% 2024 Office Vacancy Rate
Lafayette office price per square foot in 2024 was $14.81 on average. The local office market recorded an average vacancy rate of 12.83% 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
- Indiana Class A & A+ Office Space$25.33
- Indiana Class B Office Space$18.68
- Indiana Class C Office Space$20.61
Lafayette, IN Office Asking Rents by Class
2024 Office Vacancy Rates in Lafayette
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Lafayette - Central | $15.71 | 7.90% |
| Lafayette - East | $11.19 | 12.19% |
Office Spaces for Rent in Indiana
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Coworking Spaces in Indiana
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 3743 Landmark Dr | 3743 Landmark Dr, 47905 | 4,552 | 2020 |
| Wabash Headquarters | 3900 McCarty Ln, 47905 | 35,538 | 2009 |
| Cascada Business Park | 958 Mezzanine Dr, 47905 | 7,040 | 2006 |
| Healthcare/Office For Lease | 2606 E 350 S, 47909 | 6,688 | 2004 |
| Unity Healthcare Medical Campus - Unity Medical Pavilion | 1345 Unity Place, 47905 | 70,889 | 2003 |
| 100 Professional Ct | 100 Professional Ct, 47905 | 9,762 | 2001 |
| Retail/Office For Lease | 625 South Earl Avenue, 47905 | 13,640 | 2000 |
| Downtown Office | 415 Columbia Street, 47901 | 45,496 | 1999 |
| 1425 Sagamore Pkwy N | 1425 Sagamore Pkwy N, 47905 | 6,610 | 1989 |
| Downtown Office For Sale | 1800 Union Street, 47904 | 6,342 | 1989 |
Worth noting among recent office completions on the Lafayette market is 3743 Landmark Dr, which is currently the largest new office development in the city, at 4,552 square feet.
See reports for other markets
- Indianapolis Office Rent Price
- Fort Wayne Office Rent Price
- Carmel Office Rent Price
- Merrillville Office Rent Price
- Dallas Office Rent Price
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- Austin Office Rent Price
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 Lafayette 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.