Highlights
- The average rent for office space in Westerville is $20.99 per square foot, 16.32% lower compared to the previous year.
- The market’s vacancy rate stands at 22.82%, higher than the state average of Ohio, which is 22.00%.
2025 Office Space Rent & Sales
- $20.99 2025 Avg. Asking Rent
- -16.32% Y-o-Y Avg. Asking Rent Change
- 22.82% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Westerville?
Average asking rents for office space here stand at $20.99 per square foot. The local office market recorded an average vacancy rate of 22.82% in 2025, unchanged from 22.82% in 2024.
Westerville, OH Office Asking Rents by Class
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.
Westerville, OH Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Columbus - Northeast | $30.71 | 19.13% |
| New Albany | $24.41 | 19.35% |
| Columbus - Westerville | $20.68 | 19.46% |
Office Construction in Westerville, OH
What are the largest recent office completions in Westerville?
The largest recent office completion here is Westar IV at 144,700 square feet, completed in 2008. The next largest completions are Westar II and Hamilton Quarter.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Hamilton Quarter | 4960 East Dublin Granville Road, 43081 | 134,311 | 2022 |
| Westar IV | 460 Polaris Pkwy, 43082 | 144,700 | 2008 |
| Mount Carmel St. Ann's - Medical Office Building III | 477 Cooper Road, 43081 | 102,362 | 2005 |
| North Star Corporate Center - 955 & 999 County Line Road West | 999 County Line Road West, 43082 | 92,573 | 2005 |
| County Line Professional Building | 450 Alkyre Run Dr., 43082 | 39,728 | 2005 |
| County Line Professional Building | 450 Alkyre Run Dr., 43082 | 39,728 | 2005 |
| Westar II | 550 Polaris Pkwy., 43082 | 139,900 | 2004 |
| Vibe Westerville | 579 Executive Campus Drive, 43082 | 109,755 | 2004 |
| Vibe Westerville | 579 Executive Campus Drive, 43082 | 109,685 | 2004 |
| Westar Medical Office | 444 N Cleveland Ave, 43082 | 41,739 | 2002 |
See reports for other markets
- Cincinnati Office Rent Price
- Columbus Office Rent Price
- Cleveland Office Rent Price
- Dayton Office Rent Price
- Akron Office Rent Price
- Toledo Office Rent Price
- Dublin Office Rent Price
- Blue Ash Office Rent Price
- Canton Office Rent Price
- San Antonio Office Rent Price
- San Diego Office Rent Price
- Seattle Office Rent Price
- Washington Office Rent Price
- Los Angeles Office Rent Price
- Chicago Office Rent Price
- San Francisco Office Rent Price
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.