Highlights
- The average rent for office space in Columbus is $21.23 per square foot, 1.84% lower compared to the previous year.
- The market’s vacancy rate stands at 13.98%, lower than the state average of Ohio, which is 22.00%.
- Renting Class A/A+ office space here costs $26.31 per square foot, while Class B averages $18.38 and Class C stands at $13.44.
- 64,828 square feet is currently under construction.
2025 Office Space Rent & Sales
- $21.23 2025 Avg. Asking Rent
- -1.84% Y-o-Y Avg. Asking Rent Change
- 13.98% 2025 Office Vacancy Rate
- $167.8M2025 Total Office Sales
- $67.86Avg. Sale Price/SF
What is the average asking rent price for office space in Columbus?
Average asking rents for office space here stand at $21.23 per square foot. The local office market recorded an average vacancy rate of 13.98% in 2025, unchanged from 13.98% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $167.8M across 25 sales. These transactions commanded an average sale price per square foot of $67.86.
Columbus, OH Office Asking Rents by Class
What is the average office rent per square foot by property class in Columbus?
- Avg. Asking Rent Class A & A+$26.31
- Avg. Asking Rent Class B$18.38
- Avg. Asking Rent Class C$13.44
The average asking rent for Class A and A+ office space stood at $26.31 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Columbus averaged $18.38 per square foot, while the average for Class C space was $13.44 per square foot.
What is the average office rent per square foot by property class in OH?
- Avg. Asking Rent Class A & A+$23.73
- Avg. Asking Rent Class B$18.59
- Avg. Asking Rent Class C$13.83
For comparison, the average rent for Class A and A+ office space in Ohio was $23.73 per square foot. The state-wide average for Class B space was $18.59 per square foot, and Class C office spaces averaged $13.83 per square foot.
Columbus, OH Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Columbus - Northeast | $30.71 | 19.13% |
| New Albany | $24.41 | 19.35% |
| Columbus - Short North | $24.11 | 9.70% |
| Columbus - South | $23.08 | 8.11% |
| Columbus - Grandview | $22.77 | 4.15% |
| Dublin | $21.59 | 15.66% |
| Columbus - University | $21.35 | 10.42% |
| Columbus - Downtown | $20.85 | 13.71% |
| Columbus - Northwest | $20.82 | 5.28% |
| Columbus - Westerville | $20.68 | 19.46% |
| Columbus - East | $19.59 | 16.77% |
| Columbus - Worthington | $17.23 | 18.80% |
| Columbus - North Central | $15.55 | 4.99% |
| Columbus - West | $10.95 | 15.85% |
2025 Office Sales Volume
- $67.862025 Avg. Price per SF
- -29.44%Y-o-Y Avg. PpSF Change
- $167.8M2025 Office Sales Volume
- 252025 Number of Transactions
What is the average sale price per square foot for office space in Columbus?
Average sale prices for office space in this market recorded a -29.44% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $67.86 per square foot. For comparison, the statewide Ohio average during the same time period stood at $85.59 per square foot, while the national average was $182.48 per square foot.
Columbus, OH Sale Price per SF Trend
- Columbus Avg. Sale Price per SF in 2025$67.86
- Ohio Avg. Sale Price per SF in 2025$85.59
What was the total office sales volume in Columbus in 2025?
The local office market recorded 25 deals in 2025, adding up to a yearly sales volume of $167.8M.
- Columbus, OH Total Office Sales Volume in 2025 $167.8M
- Columbus, OH Total Number of Office Sales Closed in 2025 25
What were the largest office building sales in Columbus in 2025?
The market’s largest transaction last year was the sale of Hamilton Quarter - Big Lots Headquarters for $36,000,000 on 4/11/2025. The next-highest sale was the transaction involving Two Miranova Place, which traded for $13,155,000. The third-largest transaction was the sale of 101 East Town Street for $8,300,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| Hamilton Quarter - Big Lots Headquarters | 4900 East Dublin Granville Road | 4/11/2025 | $36,000,000 |
| Two Miranova Place | 2 Miranova Place | 3/24/2025 | $13,155,000 |
| 101 East Town Street | 101 East Town Street | 3/7/2025 | $8,300,000 |
| Gahanna Health Center | 765 North Hamilton Road | 10/27/2025 | $7,870,000 |
| Rivers Edge Corporate Center | 1335 Dublin Road | 5/2/2025 | $7,850,000 |
Office Construction in Columbus, OH
- Columbus, OH Total SF under construction in 2026 64,828
What are the largest recent office completions in Columbus?
The largest recent office completion here is The Merchant Building at 700,000 square feet, completed in 2026. The next largest completions are 80 on the Commons and The Peninsula Office.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Merchant Building | 475 N. Wall Street, 43215 | 700,000 | 2026 |
| 490 Crescent Circle | 490 Crescent Circle, 43230 | 11,540 | 2026 |
| Arlington Gateway | 1325 West Lane Avenue, 43221 | 138,986 | 2024 |
| The Newton Building | 455 W Broad St, 43215 | 195,530 | 2023 |
| 3726 W Dublin Granville Rd | 3726 W Dublin Granville Rd, 43235 | 12,798 | 2023 |
| The Peninsula Office | 330 Rush Alley, 43215 | 231,000 | 2022 |
| Worthington Gateway | 121 W Wilson Bridge Rd, 43085 | 51,654 | 2022 |
| 555 Edgar Waldo Way | 555 Edgar Waldo Way, 43215 | 198,104 | 2020 |
| 2106 E. Main Street | 2106 E. Main Street, 43209 | 13,352 | 2020 |
| 80 on the Commons | 80 East Rich Street, 43215 | 389,665 | 2018 |
See reports for other markets
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- Cleveland Office Rent Price
- Dayton Office Rent Price
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- Dublin Office Rent Price
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- Canton Office Rent Price
- Westerville Office Rent Price
- Phoenix Office Rent Price
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- Austin Office Rent Price
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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.