Dayton Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Dayton is $16.69 per square foot, 2.80% lower compared to the previous year.
  • The average sale price for office space in Dayton is $51.17 per square foot, marking an increase of 146.18% compared to 2024.
  • The market’s vacancy rate stands at 28.84%, higher than the state average of Ohio, which is 22.00%.
  • Renting Class A/A+ office space here costs $28.21 per square foot, while Class B averages $13.34 and Class C stands at $14.00.
  • 34,000 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $16.69 2025 Avg. Asking Rent
  • -2.80% Y-o-Y Avg. Asking Rent Change
  • 28.84% 2025 Office Vacancy Rate
  • $26.6M2025 Total Office Sales
  • $51.17Avg. Sale Price/SF

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

Average asking rents for office space here stand at $16.69 per square foot. The local office market recorded an average vacancy rate of 28.84% in 2025, unchanged from 28.84% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $26.6M across 6 sales. These transactions commanded an average sale price per square foot of $51.17.

Dayton, OH Office Asking Rents by Class

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

  • Avg. Asking Rent Class A & A+$28.21
  • Avg. Asking Rent Class B$13.34
  • Avg. Asking Rent Class C$14.00

The average asking rent for Class A and A+ office space stood at $28.21 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Dayton averaged $13.34 per square foot, while the average for Class C space was $14.00 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.

Dayton, OH Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Dayton was North at 8.76%. Meanwhile, the highest office vacancy rate in the market was 40.35%, recorded in CBD.
Submarket Asking Rents Vacancy Rates
Wright-Patterson $18.54 14.53%
Greene County $18.00 15.92%
East $17.53 37.06%
CBD $17.29 40.35%
I-675 Corridor $15.64 25.89%
South $14.86 21.88%
North $12.95 8.76%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $51.172025 Avg. Price per SF
  • $26.6M2025 Office Sales Volume
  • 62025 Number of Transactions

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

Average sale prices for office space in this market recorded a +146.18% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $51.17 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.

Dayton, OH Sale Price per SF Trend

  • Dayton Avg. Sale Price per SF in 2025$51.17
  • Ohio Avg. Sale Price per SF in 2025$85.59

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

The local office market recorded 6 deals in 2025, adding up to a yearly sales volume of $26.6M.

  • Dayton, OH Total Office Sales Volume in 2025 $26.6M
  • Dayton, OH Total Number of Office Sales Closed in 2025 6
Data provided by Yardi Research

2025 Office Construction in Dayton, OH

  • Dayton, OH Total SF completed in 2025 26,000
  • Dayton, OH Total SF under construction in 2026 34,000

How much office space was built in Dayton in 2025?

26,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 26,000 square feet.

Looking forward, development activity in 2026 is estimated to add 34,000 square feet of office space to the market in total.

What are the largest recent office completions in Dayton?

The largest recent office completion here is Wright Health Building at 73,000 square feet, completed in 1993. The next largest completions are 8177 Washington Church Road and Miami Valley Research Park - Technology Center IV.

Office building Address SF Completed
257 Hopeland Street 257 Hopeland St., 45417 36,954 2020
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
4140 Salem Ave 4140 Salem Ave, 45416 10,543 2008
8177 Washington Church Road 8177 Washington Church Road, 45458 65,148 1998
100 Fortune Rd 100 Fortune Rd, 45449 10,400 1998
Miami Valley Research Park - Technology Center III 3139 Research Blvd, 45420 48,824 1994
Wright Health Building 1222 South Patterson Blvd., 45402 73,000 1993
4424 Interpoint Blvd 4424 Interpoint Blvd, 45424 27,360 1991
1111 S Smithville Rd 1111 S Smithville Rd, 45403 1,188 1991
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.