2023 Office Space Rent & Sales
- $22.92 2023 Avg. Asking Rent
- 0.10% Y-o-Y Avg. Asking Rent Change
- 37.57% 2023 Office Vacancy Rate
Broadview Heights office price per square foot in 2023 was $22.92 on average. This marked a +0.10% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 37.57% 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
- Ohio Class A & A+ Office Space$24.12
- Ohio Class B Office Space$18.73
- Ohio Class C Office Space$19.85
Broadview Heights, OH Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
8075 Town Centre Drive | 8075 Town Centre Drive, 44147 | 28,014 | 2024 |
Heritage Corporate Center | 6001 East Royalton Road, 44147 | 66,099 | 2003 |
Wellpoint Center | 101 East Royalton Road, 44147 | 60,660 | 2001 |
South Hills Office Park - Building III | 9200 South Hills Blvd, 44147 | 75,000 | 2000 |
South Hills Office Park - Building II | 9100 South Hills Blvd, 44147 | 67,000 | 1997 |
South Hills Office Park - Building I | 9150 South Hills Blvd, 44147 | 62,000 | 1990 |
150 E Sprague | 150 E Sprague Rd, 44147 | 4,200 | 1957 |
Worth noting among recent office completions on the Broadview Heights market is 8075 Town Centre Drive, which is currently the largest new office development in the city, at 28,014 square feet.
See reports for other markets
- Cincinnati Office Rent Price
- Columbus Office Rent Price
- Cleveland Office Rent Price
- Dayton Office Rent Price
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- Toledo Office Rent Price
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- Blue Ash Office Rent Price
- Canton Office Rent Price
- Austin Office Rent Price
- Denver Office Rent Price
- San Francisco Office Rent Price
- Los Angeles Office Rent Price
- Seattle Office Rent Price
- Charlotte Office Rent Price
- Miami Office Rent Price
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 Broadview Heights 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.