2023 Office Space Rent & Sales
- $17.62 2023 Avg. Asking Rent
- 14.36% 2023 Office Vacancy Rate
Maumee office price per square foot in 2023 was $17.62 on average. The local office market recorded an average vacancy rate of 14.36% 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
Maumee, OH Office Asking Rents by Class
2023 Office Vacancy Rates in Maumee
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Maumee | $17.66 | 13.97% |
Western Lucas County | $16.50 | 10.73% |
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2023 Office Construction in Maumee, OH
Office building | Address | SF | Completed |
---|---|---|---|
1771 Indian Wood Circle | 1771 Indian Wood Circle, 43537 | 9,731 | 2006 |
6546 Weatherfield Court | 6546 Weatherfield Court, 43537 | 10,000 | 2005 |
6546 Weatherfield Court | 6546 Weatherfield Court, 43537 | 10,000 | 2005 |
Warnock Place | 959 Illinois Avenue, 43537 | 14,848 | 2004 |
Warnock Place | 959 Illinois Avenue, 43537 | 14,848 | 2004 |
HBA Building | 1911 Indian Wood Circle, 43537 | 15,354 | 2002 |
HBA Building | 1911 Indian Wood Circle, 43537 | 15,354 | 2002 |
1691 Woodlands Drive | 1691 Woodlands Drive, 43537 | 16,952 | 1994 |
3455 Strayer Road | 3455 Strayer Road, 43537 | 4,795 | 1993 |
Arrowhead Office Park | 1684 Woodlands Dr, 43537 | 68,093 | 1989 |
Worth noting among recent office completions on the Maumee market is 1771 Indian Wood Circle, which is currently the largest new office development in the city, at 9,731 square feet.
See reports for other markets
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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 Maumee 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.