Highlights
- The average rent for office space in Flowood is $20.65 per square foot, 5.61% lower compared to the previous year.
- The market’s vacancy rate stands at 16.30%, higher than the state average of Mississippi, which is 15.99%.
- 94,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $20.65 2025 Avg. Asking Rent
- -5.61% Y-o-Y Avg. Asking Rent Change
- 16.30% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Flowood?
Average asking rents for office space here stand at $20.65 per square foot. The local office market recorded an average vacancy rate of 16.30% in 2025, unchanged from 16.30% in 2024.
Flowood, MS Office Asking Rents by Class
What is the average office rent per square foot by property class in MS?
- Avg. Asking Rent Class A & A+$24.90
- Avg. Asking Rent Class B$17.86
- Avg. Asking Rent Class C$14.08
For comparison, the average rent for Class A and A+ office space in Mississippi was $24.90 per square foot. The state-wide average for Class B space was $17.86 per square foot, and Class C office spaces averaged $14.08 per square foot.
Office Construction in Flowood, MS
- Flowood, MS Total SF under construction in 2026 94,000
What are the largest recent office completions in Flowood?
The largest recent office completion here is Waterpointe Office Complex - Community Bank Building at 80,000 square feet, completed in 2022. The next largest completions are NewSouth NeuroSpine and 120 Stone Creek Blvd.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Waterpointe Office Complex - Community Bank Building | 1905 Community Bank Way, 39232 | 80,000 | 2022 |
| NewSouth NeuroSpine | 2470 Flowood Dr, 39232 | 57,272 | 2008 |
| 120 Stone Creek Blvd | 120 Stone Creek Blvd, 39232 | 38,829 | 2008 |
| 100% Leased Office Asset - Flowood, MS | 438 Katherine Drive, 39232 | 6,384 | 2008 |
| 540 Keyway Dr | 540 Keyway Dr, 39232 | 5,072 | 2008 |
| Office Space for Lease | Lakeland Dr | Flowood, MS | 110 Belle Meade Pt, 39232 | 7,671 | 2007 |
| 106 Riverview Dr | 106 Riverview Dr, 39232 | 19,102 | 2006 |
| 139 Plaza Drive | 139 Plaza Drive, 39232 | 2,400 | 2003 |
| 139 Plaza Drive | 139 Plaza Drive, 39232 | 2,400 | 2003 |
| 2508 Lakeland Drive | 2508 Lakeland Drive, 39232 | 12,009 | 2001 |
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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.