Fort Worth Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $30.23 2024 Avg. Asking Rent
  • 23.62% 2024 Office Vacancy Rate

Fort Worth office price per square foot in 2024 was $30.23 on average. The local office market recorded an average vacancy rate of 23.62% 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

  • Texas Class A & A+ Office Space$38.26
  • Texas Class B Office Space$24.71
  • Texas Class C Office Space$19.84

Fort Worth, TX Office Asking Rents by Class

2024 Office Vacancy Rates in Fort Worth

Submarket Asking Rents Vacancy Rates
Fort Worth Central Business District $34.55 18.70%
West Fort Worth $26.38 14.56%
South Fort Worth $23.59 20.03%
Denton $23.57 18.38%
East Fort Worth $21.12 35.67%
North Fort Worth $18.06 21.30%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Fort Worth market was 23.62% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Fort Worth was 14.56% in the West Fort Worth submarket, while the highest office vacancy in the market was 35.67%, recorded in East Fort Worth.

Coworking Spaces in Texas

2024 Office Construction in Fort Worth, TX

  • Fort Worth, TX Total SF completed in 2024 29,522
  • Fort Worth, TX Total SF under construction in 2025 119,822

During 2024, 29,522 square feet of new office space were delivered across the market. At the close of 2024, the Fort Worth office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 29,522 square feet of office space. Looking forward, development activity throughout 2025 is estimated to add 119,822 square feet of office space to the market, before year-end.

Largest Office Properties Recently Completed in Fort Worth
Office building Address SF Completed
The Armour 601 East Exchange Avenue, 76174 51,000 2025
Baylor All Saints POB II 1280 8th Avenue, 76104 100,000 2024
Crescent Offices East 3230 Camp Bowie Blvd, 76107 174,093 2023
516 W. Bonds Ranch Road 516 W. Bonds Ranch Road, 76131 8,889 2022
4920 Overton Commons Ct 4920 Overton Commons Ct, 76132 6,880 2021
101 Nursery Ln 101 Nursery Ln, 76114 19,902 2019
Henderson Medical Tower 500 S Henderson Street, 76104 98,497 2018
120 St Louis Ave 120 St Louis Ave, 76104 1,775 2018
Galderma Laboratories - Office and Training Facility 14501 North Freeway Service Road East, 76177 100,000 2017
601-625 South Main Street & 600 Bryan Avenue 600 Bryan Avenue, 76104 26,000 2017

Worth noting among recent office completions on the Fort Worth market is The Armour, which is currently the largest new office development in the city, at 51,000 square feet.

Data provided by Commercial Edge

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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 Fort Worth 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.