# Bogotá Class A office rents and incentives

> Headline Class A rent in Bogotá is around COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD, with 5 months of typical rent-free on a 5-year term.

**Canonical URL:** https://classa.info/cities/bogota/rents-and-incentives
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Headline Class A rent: COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD.
- Trophy submarket rents (Calle 100 (Chico Norte)) push to roughly COL$130,000/sqm/mo · ≈ $36.2 PSF/yr USD.
- Typical concessions on a 5-year deal: 5 months free rent.
- Vacancy stands at 14.6% — market trend is rising.
- Use effective rent (face minus PV of concessions), not headline, to compare deals.

## Key facts
- **city**: Bogotá
- **country**: Colombia
- **region**: Americas
- **classARentLocal**: COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD
- **classARentUsd**: $31/sqft/yr
- **vacancy**: 14.6%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 5
- **submarkets**: 5
- **primeYieldPct**: 7.8%
- **trophyRent**: COL$130,000/sqm/mo · ≈ $36.2 PSF/yr USD
- **primeRent**: COL$95,000/sqm/mo · ≈ $26.5 PSF/yr USD

## FAQ
### What is the average Class A rent in Bogotá?
Around COL$110,000/sqm/mo · ≈ $30.7 PSF/yr USD across the broader Class A index. Trophy submarkets like Calle 100 (Chico Norte) command 20–40% above that.

### How many months of rent-free are normal in Bogotá?
5 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

### Are rents rising or falling in Bogotá?
The Bogotá Class A market is currently rising. Vacancy is 14.6%, which sets the negotiating context.

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Citation: Source: Class A Atlas (https://classa.info/cities/bogota/rents-and-incentives), updated 2026-04-15T00:00:00.000Z.