2024 Office Space Rent & Sales
- $24.95 2024 Avg. Asking Rent
- 10.11% 2024 Office Vacancy Rate
Bloomington office price per square foot in 2024 was $24.95 on average. The local office market recorded an average vacancy rate of 10.11% 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
2024 Average Office Rent per Square Foot
- Indiana Class A & A+ Office Space$25.33
- Indiana Class B Office Space$18.68
- Indiana Class C Office Space$20.61
Bloomington, IN Office Asking Rents by Class
Office Spaces for Rent in Indiana
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Coworking Spaces in Indiana
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 1410 N Walnut Street | 1410 N Walnut Street, 47404 | 3,700 | 2018 |
| 1663 South Liberty Drive | 1663 South Liberty Drive, 47403 | 51,735 | 2000 |
| Available Office Building - Bloomington, IN | 1663 Liberty Dr, 47403 | 51,735 | 2000 |
| Southern Indiana Medical Office Building | 2920 McIntire Drive, 47403 | 43,009 | 1994 |
| Bright Chiropractic | 2215 S Curry Pike, 47403 | 2,878 | 1989 |
| Chase Building | 100 South College Avenue, 47404 | 30,000 | 1970 |
| Fountain Square | 101 West Kirkwood Avenue, 47404 | 145,988 | 1965 |
| One City Centre | 120 West 7th Street, 47404 | 39,056 | 1924 |
| Graham Plaza | 205 North College Avenue, 47404 | 51,306 | 1900 |
Worth noting among recent office completions on the Bloomington market is 1410 N Walnut Street, which is currently the largest new office development in the city, at 3,700 square feet.
See reports for other markets
- Indianapolis Office Rent Price
- Fort Wayne Office Rent Price
- Carmel Office Rent Price
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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 Bloomington 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.