2024 Office Space Rent & Sales
- $24.06 2024 Avg. Asking Rent
- 4.60% Y-o-Y Avg. Asking Rent Change
- 16.41% 2024 Office Vacancy Rate
Arlington office price per square foot in 2024 was $24.06 on average. This marked a +4.60% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 16.41% 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
Arlington, TX Office Asking Rents by Class
2024 Office Vacancy Rates in Arlington
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Arlington | $24.13 | 16.39% |
| South Fort Worth | $23.59 | 20.03% |
Coworking Spaces in Texas
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2024 Office Construction in Arlington, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| Arlington Business Center | 410 E. Bardin Road + 407 E. Embercrest Drive, 76018 | 476,802 | 2024 |
| 1802 W Pleasant Ridge Rd | 1802 W Pleasant Ridge Rd, 76015 | 6,142 | 2024 |
| 380 E Front Street - Urban Union | 300-380 E Front Street, 76011 | 10,744 | 2023 |
| Pleasant Place Offices | 1802 & 1803 W. Pleasant Ridge, 76015 | 5,880 | 2023 |
| 4061 W Interstate 20 | 4061 W Interstate 20, 76017 | 10,550 | 2020 |
| 2030 East Arbrook Boulevard | 2030 East Arbrook Boulevard, 76014 | 75,712 | 2019 |
| 2701 Matlock Rd | 2701 Matlock Rd, 76015 | 10,553 | 2016 |
| 3050 S Center St | 3050 S Center St, 76014 | 22,442 | 2015 |
| Arlington Highlands | 4000 Bagpiper Way, 76018 | 737,331 | 2009 |
| The Village at Sports Center | 5001 South Cooper Street, 76017 | 98,789 | 2009 |
Worth noting among recent office completions on the Arlington market is Arlington Business Center, which is currently the largest new office development in the city, at 476,802 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 Arlington 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.