2023 Office Space Rent & Sales
- $29.84 2023 Avg. Asking Rent
- 1.23% Y-o-Y Avg. Asking Rent Change
- 12.63% 2023 Office Vacancy Rate
Denton office price per square foot in 2023 was $29.84 on average. This marked a +1.23% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.63% 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
- Texas Class A & A+ Office Space$36.17
- Texas Class B Office Space$24.95
- Texas Class C Office Space$31.07
Denton, TX Office Asking Rents by Class
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2023 Office Construction in Denton, TX
- Denton, TX Total SF under construction in 2024 33,528
Office building | Address | SF | Completed |
---|---|---|---|
2214 Emery St, Building 1 | 2214 Emery St, Building 1, 76201 | 4,938 | 2019 |
North Denton Medical Plaza | 2665 Scripture Street, 76201 | 40,810 | 2012 |
The MAC Building | 2800 Shoreline Dr, 76210 | 45,291 | 2009 |
Offices at Hinkle Park | 1801-1813 Hinkle Dr, 76201 | 17,486 | 2009 |
3321 Unicorn Lake Blvd Ste 122 | 3321 Unicorn Lake Blvd Ste 122, 76210 | 1,473 | 2008 |
3305 Corinth Pkwy | 3305 Corinth Pkwy, 76208 | 59,904 | 2007 |
Denton Professional Building I | 2900 I-35, 76201 | 78,482 | 2005 |
North Texas Professional Bldg. | 2817 S Mayhill Rd, 76208 | 42,183 | 2005 |
3541 Teasley Ln | 3541 Teasley Ln, 76210 | 7,500 | 2004 |
Texas Health Presbyterian Hospital Denton - Medical Building 3 | 209 North Bonnie Brae Street, 76201 | 37,599 | 1999 |
Worth noting among recent office completions on the Denton market is 2214 Emery St, Building 1, which is currently the largest new office development in the city, at 4,938 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 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 Denton 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.