Dayton Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $17.17 2024 Avg. Asking Rent
  • 34.99% 2024 Office Vacancy Rate
  • $2.6M2024 Total Office Sales
  • $20.79Avg. Sale Price/SF

Dayton office price per square foot in 2024 was $17.17 on average. The local office market recorded an average vacancy rate of 34.99% across all asset classes combined. The 3 transactions that closed here throughout 2024 amounted to a total sale volume of $2.6M. Dayton office space commanded an average sale price per square foot of $20.79.

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

  • Dayton Class A & A+ Office Space$26.30
  • Dayton Class B Office Space$13.48
  • Ohio Class A & A+ Office Space$23.67
  • Ohio Class B Office Space$18.24
  • Ohio Class C Office Space$14.24

Dayton, OH Office Asking Rents by Class

2024 Office Vacancy Rates in Dayton

Submarket Asking Rents Vacancy Rates
Wright-Patterson $22.88 16.75%
East $18.24 21.72%
Greene County $18.00 20.09%
CBD $17.53 43.03%
I-675 Corridor $17.41 22.00%
South $14.31 18.36%
North $12.95 4.52%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Dayton market was 34.99% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Dayton was 4.52% in the North submarket, while the highest office vacancy in the market was 43.03%, recorded in CBD.

Office Spaces for Rent in Ohio

Dayton Office Sale Price per SF

  • $20.792024 Avg. Price per SF
  • 5.55%Y-o-Y Avg. PpSF Change
  • $2.6M2024 Office Sales Volume
  • 32024 Number of Transactions

Dayton, OH Sale Price per SF Trend

  • Dayton Avg. Sale Price per SF in 2024$20.79
  • Ohio Avg. Sale Price per SF in 2024$77.74
Dayton office space cost in 2024 marked a +5.55% change compared to the previous year. The sale price for office space in Dayton averaged $20.79 per square foot in 2024, across all market subdivisions and asset classes. Conversely, the statewide Ohio average office sale price during the same time period was $77.74 per square foot.

2024 Office Sales Volume

  • Dayton, OH Total Office Sales Volume in 2024 $2.6M
  • Dayton, OH Total Number of Office Sales Closed in 2024 3
A total of 3 deals closed on the Dayton office market in 2024, adding up to a yearly sales volume of $2.6M. Notably, the largest transaction on the market saw Park Center V change hands for $1,516,000 on 12/9/2024.
Data provided by Commercial Edge

Coworking Spaces in Ohio

2024 Office Construction in Dayton, OH

  • Dayton, OH Total SF under construction in 2025 26,000
Largest Office Properties Recently Completed in Dayton
Office building Address SF Completed
Tech Town II 711 East Monument Avenue, 45402 36,000 2009
Miami Valley Research Park - Technology Center IV 3123 Research Blvd, 45420 52,704 2008
Wright Point Office Park - 5000 Springfield Street 5000 Springfield Street, 45431 49,424 2005
220 East Monument Avenue 220 East Monument Avenue, 45402 150,000 2002
Park Place - Building 540 540 Lincoln Park Blvd, 45429 41,389 2001
8177 Washington Church Road 8177 Washington Church Road, 45458 65,148 1998
Miami Valley Research Park - Technology Center III 3139 Research Blvd, 45420 48,824 1994
Wright Health Building 1222 South Patterson Blvd., 45402 71,000 1993
Fifth Third Center 1 South Main Street, 45402 313,473 1989
Dayton Heart Center 1530 Needmore Road, 45414 55,953 1988

Worth noting among recent office completions on the Dayton market is Tech Town II, which is currently the largest new office development in the city, at 36,000 square feet.

Data provided by Commercial Edge

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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 Dayton 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.