2023 Office Space Rent & Sales
- $19.66 2023 Avg. Asking Rent
- 14.35% 2023 Office Vacancy Rate
Fort Wright office price per square foot in 2023 was $19.66 on average. The local office market recorded an average vacancy rate of 14.35% 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
- Kentucky Class A & A+ Office Space$21.07
- Kentucky Class B Office Space$18.98
- Kentucky Class C Office Space$19.82
Fort Wright, KY Office Asking Rents by Class
Office Spaces for Rent in Kentucky
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Wright's Summit III | 810 Wright's Summit Pkwy., 41011 | 58,878 | 2016 |
| Wright's Summit II | 809 Wright's Summit Pkwy., 41011 | 38,130 | 2008 |
| Wright's Summit I | 909 Wright's Summit Pkwy., 41011 | 38,100 | 2003 |
| Fort Wright Executive Center | 1881 Dixie Hwy, 41011 | 56,088 | 1983 |
Worth noting among recent office completions on the Fort Wright market is Wright's Summit III, which is currently the largest new office development in the city, at 58,878 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 Fort Wright 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.