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Jackson Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Jackson is $19.65 per square foot, 4.61% lower compared to the previous year.
  • The market’s vacancy rate stands at 23.48%, higher than the state average of Mississippi, which is 15.99%.

2025 Office Space Rent & Sales

  • $19.65 2025 Avg. Asking Rent
  • -4.61% Y-o-Y Avg. Asking Rent Change
  • 23.48% 2025 Office Vacancy Rate

What is the average asking rent price for office space in Jackson?

Average asking rents for office space here stand at $19.65 per square foot. The local office market recorded an average vacancy rate of 23.48% in 2025, unchanged from 23.48% in 2024.

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Jackson, 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.

Jackson, MS Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Jackson was I-55 Corridor at 14.38%. Meanwhile, the highest office vacancy rate in the market was 29.96%, recorded in Jackson_CBD.
Submarket Asking Rents Vacancy Rates
Flowood $20.57 17.07%
Jackson_CBD $20.28 29.96%
Jackson_West $19.00 15.12%
I-55 Corridor $16.09 14.38%
Data provided by Yardi Research

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What are the largest recent office completions in Jackson?

The largest recent office completion here is The Pinnacle at Jackson Place at 189,000 square feet, completed in 2008. The next largest completions are MEADOWBROOK OFFICE PARK and Baptist Medical Center - Belhaven Building.

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 Drive, 39211 3,600 1999
The Allen Building 5898 Ridgewood Rd, 39211 10,000 1997
MEADOWBROOK OFFICE PARK 4270 I-55, 39211 175,000 1996
1991 Lakeland Dr 1991 Lakeland Dr, 39216 13,554 1991
Twin Lakes Office Park | The Atrium Building 6425 Lakeover Rd, 39213 23,745 1989
Data provided by Yardi Research

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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.

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