2024 Office Space Rent & Sales
- $21.88 2024 Avg. Asking Rent
- 8.51% 2024 Office Vacancy Rate
Flowood office price per square foot in 2024 was $21.88 on average. The local office market recorded an average vacancy rate of 8.51% 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
- Mississippi Class A & A+ Office Space$22.89
- Mississippi Class B Office Space$17.62
- Mississippi Class C Office Space$14.50
Flowood, MS Office Asking Rents by Class
Office Spaces for Rent in Mississippi
Coworking Spaces in Mississippi
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2024 Office Construction in Flowood, MS
| Office building | Address | SF | Completed |
|---|---|---|---|
| Waterpointe Office Complex - Community Bank Building | 1905 Community Bank Way, 39232 | 80,000 | 2022 |
| 100% Leased Office Asset - Flowood, MS | 438 Katherine Drive, 39232 | 6,384 | 2008 |
| 2628 Courthouse Cir | 2628 Courthouse Cir, 39232 | 5,572 | 2008 |
| The 586 Building | 586 Lakeland East Dr, 39232 | 4,774 | 2008 |
| 499 Keywood Circle | 499 Keywood Cir, 39232 | 3,096 | 2004 |
| 213 Katherine Drive | 213 Katherine Drive, 39232 | 7,453 | 2003 |
| 2508 Lakeland Drive | 2508 Lakeland Drive, 39232 | 11,587 | 2001 |
| Courthouse Place | 2655-2659 Lakeland Drive, 39232 | 7,020 | 1999 |
| East Pointe Business Park | 3010 Lakeland Cove, 39232 | 75,073 | 1989 |
| Lakeland Oaks Office Park | 3900 Lakeland Drive, 39232 | 30,000 | 1989 |
Worth noting among recent office completions on the Flowood market is Waterpointe Office Complex - Community Bank Building, which is currently the largest new office development in the city, at 80,000 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 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 Flowood 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.