2024 Office Space Rent & Sales
- $18.03 2024 Avg. Asking Rent
- 12.40% 2024 Office Vacancy Rate
Baton Rouge office price per square foot in 2024 was $18.03 on average. The local office market recorded an average vacancy rate of 12.40% 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
- Louisiana Class A & A+ Office Space$18.41
- Louisiana Class B Office Space$19.03
- Louisiana Class C Office Space$16.94
Baton Rouge, LA Office Asking Rents by Class
2024 Office Vacancy Rates in Baton Rouge
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Baton Rouge - Southeast | $21.03 | 6.81% |
| Baton Rouge - Downtown | $18.97 | 4.79% |
| Baton Rouge - East | $17.54 | 18.87% |
| Baton Rouge - Mid City | $16.68 | 26.77% |
| Baton Rouge - North | $15.06 | 18.15% |
Coworking Spaces in Louisiana
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2024 Office Construction in Baton Rouge, LA
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Collective | 13465 S Harrells Ferry Rd, 70816 | 24,000 | 2025 |
| The Collective | 13465 S Harrells Ferry Rd, 70816 | 24,000 | 2025 |
| New Office Park - New Construction on Jefferson Hwy. | 10315 Jefferson Highway, 70809 | 17,300 | 2025 |
| Bldg. A: Garden-Style "New Construction" Office For Lease | 4021 W. E. Heck Ct., Bldg. A, 70816 | 4,597 | 2025 |
| The Metro Building 3 | 10239 Jefferson Highway, 70809 | 6,822 | 2023 |
| $95 PSF in Tenant Improvement Allowance – Class A Office Space on Perkins Rd | 6411 Perkins Rd, 70808 | 18,909 | 2017 |
| Bldg J: Garden Style Office For Lease | 4021 W. E. Heck Ct., Bldg. J, 70816 | 2,600 | 2017 |
| 5th Floor Sublease Opportunities in II City Plaza | 400 Convention St, 70802 | 260,000 | 2005 |
| 11307 Coursey Blvd | 11307 Coursey Blvd, 70816 | 7,962 | 2004 |
| 3384 Government St | 3384 Government St, 70806 | 12,823 | 1998 |
Worth noting among recent office completions on the Baton Rouge market is The Collective, which is currently the largest new office development in the city, at 24,000 square feet.
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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 Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Baton Rouge 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 Yardi Research Data can guarantee that the information provided is complete.