Highlights
- The average rent for office space in Richfield is $19.85 per square foot, 0.78% lower compared to the previous year.
- The market’s vacancy rate stands at 22.05%, higher than the state average of Ohio, which is 22.00%.
2025 Office Space Rent & Sales
- $19.85 2025 Avg. Asking Rent
- -0.78% Y-o-Y Avg. Asking Rent Change
- 22.05% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Richfield?
Average asking rents for office space here stand at $19.85 per square foot. The local office market recorded an average vacancy rate of 22.05% in 2025, unchanged from 22.05% in 2024.
Richfield, 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.
What are the largest recent office completions in Richfield?
The largest recent office completion here is Stonegate Corporate Center at 117,694 square feet, completed in 2003. The next largest completions are 3900 Kinross Lakes Pkwy and Aetna Building.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Stonegate Corporate Center | 4125 Highlander Pkwy, 44286 | 117,694 | 2003 |
| Richfield Commons | 4174 Wheatly Road, 44286 | 47,026 | 2000 |
| Richfield Courtyard Commons 1 | 4816 Brecksville Road, 44286 | 34,350 | 1999 |
| 3900 Kinross Lakes Pkwy | 3900 Kinross Lakes Pkwy, 44286 | 86,000 | 1998 |
| Aetna Building | 4059 Kinross Lakes Pkwy, 44286 | 80,770 | 1996 |
See reports for other markets
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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.