2023 Office Space Rent & Sales
- $30.68 2023 Avg. Asking Rent
- 7.04% 2023 Office Vacancy Rate
Shenandoah office price per square foot in 2023 was $30.68 on average. The local office market recorded an average vacancy rate of 7.04% 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
Shenandoah, TX Office Asking Rents by Class
Office Spaces for Rent in Texas
Coworking Spaces in Texas
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2023 Office Construction in Shenandoah, TX
- Shenandoah, TX Total SF completed in 2023 47,747
During 2023, 47,747 square feet of new office space were delivered across the market. At the close of 2023, the Shenandoah office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 47,747 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Vision Park Medical | 121 Vision Park Blvd, 77384 | 58,000 | 2019 |
| Pinnacle Professional Building | 129 Vision Park Blvd, 77384 | 83,715 | 2016 |
| Ed English Office Condo | 256 Ed English Drive, Building 4, Suite A, 77385 | 730 | 2016 |
| Pinecroft Center III | 9303 Pinecroft Drive, 77380 | 56,800 | 2006 |
| Six Pines Medical Plaza | 8850 Six Pines Drive, 77380 | 39,146 | 2006 |
| 118 Shenandoah Dr | 118 Shenandoah Dr, 77381 | 5,600 | 2000 |
| 118 Shenandoah Dr | 118 Shenandoah Dr, 77381 | 5,600 | 2000 |
| Portofino Office | 19075 Interstate 45, 77385 | 386,647 | 1999 |
Worth noting among recent office completions on the Shenandoah market is Vision Park Medical, which is currently the largest new office development in the city, at 58,000 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 Shenandoah 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.