2024 Office Space Rent & Sales
- $25.11 2024 Avg. Asking Rent
- 28.67% 2024 Office Vacancy Rate
Farmers Branch office price per square foot in 2024 was $25.11 on average. The local office market recorded an average vacancy rate of 28.67% 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
Farmers Branch, TX Office Asking Rents by Class
2024 Office Vacancy Rates in Farmers Branch
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Platinum Corridor South | $29.89 | 24.06% |
| Northwest Dallas | $19.80 | 27.57% |
Coworking Spaces in Texas
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2024 Office Construction in Farmers Branch, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1801 Wittington Place | 1801 Wittington Place, 75234 | 96,592 | 2021 |
| Fourteen555 - Building 1 | 14555 North Dallas Pkwy, 75254 | 252,000 | 2018 |
| Mercer Business Park - Monitronics Headquarters | 1990 Wittington Place, 75234 | 165,000 | 2015 |
| International Plaza II | 14221 N Dallas Pky, 75254 | 396,776 | 2002 |
| International Plaza III | 14241 Dallas Pkwy, 75254 | 354,182 | 2001 |
| Four Hickory Centre | 1755 Wittington Place, 75234 | 228,789 | 2001 |
| One Colinas Crossing | 11701 Luna Rd, 75234 | 181,961 | 1999 |
| Two Colinas Crossing | 11511 Luna Road, 75234 | 181,072 | 1999 |
| 4849 Alpha Rd | 4849 Alpha Rd, 75244 | 125,538 | 1999 |
| 1800 Valley View Lane | 1800 Valley View Lane, 75234 | 97,096 | 1999 |
Worth noting among recent office completions on the Farmers Branch market is 1801 Wittington Place, which is currently the largest new office development in the city, at 96,592 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 Farmers Branch 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.