Lincoln Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Lincoln is $15.72 per square foot, 3.87% lower compared to the previous year.
  • The average sale price for office space in Lincoln is $111.16 per square foot, marking an increase of 45.70% compared to 2024.
  • The market’s vacancy rate stands at 11.18%, lower than the state average of Nebraska, which is 13.09%.

2025 Office Space Rent & Sales

  • $15.72 2025 Avg. Asking Rent
  • -3.87% Y-o-Y Avg. Asking Rent Change
  • 11.18% 2025 Office Vacancy Rate
  • $23.3M2025 Total Office Sales
  • $111.16Avg. Sale Price/SF

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

Average asking rents for office space here stand at $15.72 per square foot. The local office market recorded an average vacancy rate of 11.18% in 2025, unchanged from 11.18% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $23.3M across 5 sales. These transactions commanded an average sale price per square foot of $111.16.

Lincoln, NE Office Asking Rents by Class

What is the average office rent per square foot by property class in Lincoln?

  • Avg. Asking Rent Class A & A+$16.90
  • Avg. Asking Rent Class B$15.07

What is the average office rent per square foot by property class in NE?

  • Avg. Asking Rent Class A & A+$24.09
  • Avg. Asking Rent Class B$17.83
  • Avg. Asking Rent Class C$10.42

For comparison, the average rent for Class A and A+ office space in Nebraska was $24.09 per square foot. The state-wide average for Class B space was $17.83 per square foot, and Class C office spaces averaged $10.42 per square foot.

2025 Office Sales Volume

  • $111.162025 Avg. Price per SF
  • 45.70%Y-o-Y Avg. PpSF Change
  • $23.3M2025 Office Sales Volume
  • 52025 Number of Transactions

What is the average sale price per square foot for office space in Lincoln?

Average sale prices for office space in this market recorded a +45.70% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $111.16 per square foot. For comparison, the statewide Nebraska average during the same time period stood at $98.54 per square foot, while the national average was $182.48 per square foot.

Lincoln, NE Sale Price per SF Trend

  • Lincoln Avg. Sale Price per SF in 2025$111.16
  • Nebraska Avg. Sale Price per SF in 2025$98.54

What was the total office sales volume in Lincoln in 2025?

The local office market recorded 5 deals in 2025, adding up to a yearly sales volume of $23.3M.

  • Lincoln, NE Total Office Sales Volume in 2025 $23.3M
  • Lincoln, NE Total Number of Office Sales Closed in 2025 5
Data provided by Yardi Research

Office Construction in Lincoln, NE

What are the largest recent office completions in Lincoln?

The largest recent office completion here is 4700 S 19th St at 214,315 square feet, completed in 2018. The next largest completions are Telegraph Lofts East and 7655 Archer Pl.

Office building Address SF Completed
9990 S 34th St 9990 S 34th St, 68516 5,460 2025
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
7655 Archer Pl 7655 Archer Pl, 68516 86,185 2017
5055 A Street 5055 A Street, 68506 70,868 2017
235 S 11th St 235 S 11th St, 68508 15,500 2015
2021 Transformation Dr 2021 Transformation, 68508 51,906 2014
Dahlberg Office Suite - Unit A 1400 Dahlberg Dr, 68512 1,800 2014
8245 Cody Dr 8245 Cody Dr, 68512 12,032 2012
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.