2022 Office Space Rent & Sales
- $20.80 2022 Avg. Asking Rent
- 1.98% Y-o-Y Avg. Asking Rent Change
- 11.14% 2022 Office Vacancy Rate
Baton Rouge office price per square foot in 2022 was $20.80 on average. This marked a +1.98% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.14% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Baton Rouge Class A & A+ Office Space$24.11
- Baton Rouge Class B Office Space$19.42
- Louisiana Class A & A+ Office Space$23.52
- Louisiana Class B Office Space$19.21
- Louisiana Class C Office Space$15.73
Baton Rouge, LA Office Asking Rents by Class
2022 Office Vacancy Rates in Baton Rouge
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Baton Rouge - Downtown | $21.82 | 17.98% |
| Baton Rouge - Mid City | $21.80 | 17.19% |
| Baton Rouge - East | $20.25 | 12.95% |
| Baton Rouge - Southeast | $16.83 | 8.30% |
Office Spaces for Rent in Louisiana
- Baton Rouge Office Space
- Lafayette Office Space
- New Orleans Office Space
- Covington Office Space
- Lake Charles Office Space
- Shreveport Office Space
- Alexandria Office Space
- Mandeville Office Space
- Hammond Office Space
- New Iberia Office Space
- Gonzales Office Space
- Denham Springs Office Space
- Slidell Office Space
- Bossier City Office Space
Coworking Spaces in Louisiana
- Houston Coworking Space
- Dallas Coworking Space
- Austin Coworking Space
- Nashville Coworking Space
- San Antonio Coworking Space
- Plano Coworking Space
- Kansas City Coworking Space
- New Orleans Coworking Space
- Fort Worth Coworking Space
- Birmingham Coworking Space
- Memphis Coworking Space
- Frisco Coworking Space
- Irving Coworking Space
- Tulsa Coworking Space
- Arlington Coworking Space
- Baton Rouge Coworking Space
- Addison Coworking Space
- Shreveport Coworking Space
2022 Office Construction in Baton Rouge, LA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Square 46: Office Space for Lease | 4646 Government St, 70806 | 31,032 | 2018 |
| @Highland - Office Space Available | 1 Smart Way, Baton | 54,000 | 2017 |
| Turnkey Medical Office Space for Sublease on Perkins Rd | 6411 Perkins Rd, 70808 | 20,050 | 2017 |
| Modern Class A Office Space on Perkins Rd | 6411 Perkins Rd, 70808 | 18,909 | 2017 |
| Market Plaza Garden-Style Office | 4021 W E Heck Ct., B-1, 70816 | 3,000 | 2017 |
| Market Plaza Office Park | 4021 W. E. Heck Ct., Bldg. J, 70816 | 2,600 | 2017 |
| The Water Campus - Retail & Office Space Available | 1200 Brickyard Lane, 70802 | 102,000 | 2016 |
| Sherwood Common Office Park | 4600 Sherwood Commons Boulevard, 70816 | 4,590 | 2016 |
| Buckhead Business Center | 4545 Sherwood Commons Blvd., 70816 | 17,179 | 2009 |
| 15151 Florida Blvd | 15151 Florida Blvd, 70819 | 140,822 | 2008 |
Worth noting among recent office completions on the Baton Rouge market is Square 46: Office Space for Lease, which is currently the largest new office development in the city, at 31,032 square feet.
See reports for other markets
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- Metairie Office Rent Price
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- San Diego Office Rent Price
- Charlotte Office Rent Price
- San Francisco Office Rent Price
- Austin Office Rent Price
- Dallas Office Rent Price
- Washington Office Rent Price
- Houston 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, 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 CommercialEdge can guarantee that the information provided is complete.