2024 Office Space Rent & Sales
- $16.36 2024 Avg. Asking Rent
- 16.01% 2024 Office Vacancy Rate
Lincoln office price per square foot in 2024 was $16.36 on average. The local office market recorded an average vacancy rate of 16.01% 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
- Lincoln Class A & A+ Office Space$19.47
- Lincoln Class B Office Space$15.94
- Nebraska Class A & A+ Office Space$24.32
- Nebraska Class B Office Space$17.78
- Nebraska Class C Office Space$10.75
Lincoln, NE Office Asking Rents by Class
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2024 Office Construction in Lincoln, NE
| Office building | Address | SF | Completed |
|---|---|---|---|
| Telegraph Lofts East | 200 S 21st St, 68510 | 117,542 | 2019 |
| 4700 S 19th St | 4700 S 19th St, 68512 | 214,315 | 2018 |
| Canopy Row | 140 Canopy, 68508 | 74,987 | 2018 |
| 5055 Building at Bryan East Campus | 5055 A Street, 68510 | 100,000 | 2017 |
| 235 S 11th St | 235 S 11th St, 68508 | 15,500 | 2015 |
| 2021 Transformation Dr | 2021 Transformation Dr, 68508 | 100,000 | 2014 |
| Parkhaus | 1317 Q St, 68508 | 409,410 | 2011 |
| 151 N 8th St | 151 N 8th St, 68508 | 80,871 | 2011 |
| 5640 S 84th Street | 5640 S 84th Street, 68516 | 5,949 | 2007 |
| 127 S 37th St | 127 S 37th St, 68510 | 5,270 | 2007 |
Worth noting among recent office completions on the Lincoln market is Telegraph Lofts East, which is currently the largest new office development in the city, at 117,542 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 Lincoln 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.