2024 Office Space Rent & Sales
- $20.60 2024 Avg. Asking Rent
- 24.10% 2024 Office Vacancy Rate
Jackson office price per square foot in 2024 was $20.60 on average. The local office market recorded an average vacancy rate of 24.10% 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
- Mississippi Class A & A+ Office Space$22.89
- Mississippi Class B Office Space$17.62
- Mississippi Class C Office Space$14.50
Jackson, MS Office Asking Rents by Class
2024 Office Vacancy Rates in Jackson
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Flowood | $22.16 | 8.26% |
| Jackson_CBD | $21.37 | 34.82% |
| Jackson_West | $19.00 | 15.12% |
| I-55 Corridor | $16.67 | 10.73% |
Office Spaces for Rent in Mississippi
Coworking Spaces in Mississippi
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Baptist Medical Center - Belhaven Building | 1200 North State Street, 39202 | 168,743 | 2013 |
| The Pinnacle at Jackson Place | 190 East Capitol Street, 39201 | 189,000 | 2008 |
| Meadowbrook Office Park - 1400 Meadowbrook Road | 1400 Meadowbrook Road, 39211 | 57,227 | 2005 |
| 6250 Old Canton Rd | 6250 Old Canton Rd, 39211 | 20,995 | 1999 |
| 6250 Old Canton Rd | 6250 Old Canton Rd, 39211 | 20,995 | 1999 |
| Northtown Office Building | 40 Northtown Dr, 39211 | 3,614 | 1999 |
| Northtown Office Building | 40 Northtown Drive, 39211 | 3,600 | 1999 |
| Northtown Office Building | 40 Northtown Drive, 39211 | 3,600 | 1999 |
| The Allen Building | 5898 Ridgewood Rd, 39211 | 10,000 | 1997 |
| 6050 Interstate 55 | 6050 Interstate 55, 39211 | 3,548 | 1997 |
Worth noting among recent office completions on the Jackson market is Baptist Medical Center - Belhaven Building, which is currently the largest new office development in the city, at 168,743 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 CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Jackson 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.