2023 Office Space Rent & Sales
- $16.48 2023 Avg. Asking Rent
- 2.22% Y-o-Y Avg. Asking Rent Change
- 16.10% 2023 Office Vacancy Rate
Macon office price per square foot in 2023 was $16.48 on average. This marked a +2.22% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 16.10% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Georgia Class A & A+ Office Space$34.44
- Georgia Class B Office Space$22.70
- Georgia Class C Office Space$31.34
Macon, GA Office Asking Rents by Class
2023 Office Vacancy Rates in Macon
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Macon Central | $16.52 | 10.76% |
| Macon Northwest | $16.52 | 19.07% |
Office Spaces for Rent in Georgia
Coworking Spaces in Georgia
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2023 Office Construction in Macon, GA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 300 Mulberry St | 300 Mulberry St, 31201 | 120,000 | 2005 |
| 4611 Ivey Drive | 4611 Ivey Drive, 31206 | 40,000 | 2004 |
| 2525 2nd St | 2525 2nd St, 31206 | 15,760 | 2003 |
| Freestanding Medical Office For Lease | ±4,480 SF | 135 N Crest Blvd, 31210 | 4,480 | 1998 |
| 4885 Riverside Dr | 4885 Riverside Dr, 31210 | 83,638 | 1991 |
| Medical-Ambulatory Surgery Center | 4660 Riverside Park Blvd, 31210 | 43,345 | 1989 |
| Highridge Centre | 3920 Arkwright Road, 31210 | 196,156 | 1988 |
| Macon Office Space | Ashley Park | ±205 - 575 SF | 3902 Northside Dr, 31210 | 19,200 | 1985 |
| 1867 Forsyth St | 1867 Forsyth St, 31201 | 4,100 | 1985 |
| 1867 Forsyth St | 1867 Forsyth St, 31201 | 4,100 | 1985 |
Worth noting among recent office completions on the Macon market is 300 Mulberry St, which is currently the largest new office development in the city, at 120,000 square feet.
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Macon 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.