Addison Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Addison is $33.83 per square foot, 26.34% higher compared to the previous year.
  • The average sale price for office space in Addison is $105.34 per square foot, marking an increase of 9.54% compared to 2024.
  • The market’s vacancy rate stands at 19.27%, higher than the state average of Texas, which is 17.16%.
  • Renting Class A/A+ office space here costs $37.58 per square foot, while Class B averages $24.73 and Class C stands at $17.39.

2025 Office Space Rent & Sales

  • $33.83 2025 Avg. Asking Rent
  • 26.34% Y-o-Y Avg. Asking Rent Change
  • 19.27% 2025 Office Vacancy Rate
  • $32.6M2025 Total Office Sales
  • $105.34Avg. Sale Price/SF

What is the average asking rent price for office space in Addison?

Average asking rents for office space here stand at $33.83 per square foot. The local office market recorded an average vacancy rate of 19.27% in 2025, unchanged from 19.27% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $32.6M across 3 sales. These transactions commanded an average sale price per square foot of $105.34.

Addison, TX Office Asking Rents by Class

What is the average office rent per square foot by property class in Addison?

  • Avg. Asking Rent Class A & A+$37.58
  • Avg. Asking Rent Class B$24.73
  • Avg. Asking Rent Class C$17.39

The average asking rent for Class A and A+ office space stood at $37.58 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Addison averaged $24.73 per square foot, while the average for Class C space was $17.39 per square foot.

What is the average office rent per square foot by property class in TX?

  • Avg. Asking Rent Class A & A+$39.66
  • Avg. Asking Rent Class B$24.95
  • Avg. Asking Rent Class C$20.18

For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.

2025 Office Sales Volume

  • $105.342025 Avg. Price per SF
  • 9.54%Y-o-Y Avg. PpSF Change
  • $32.6M2025 Office Sales Volume
  • 32025 Number of Transactions

What is the average sale price per square foot for office space in Addison?

Average sale prices for office space in this market recorded a +9.54% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $105.34 per square foot. For comparison, the statewide Texas average during the same time period stood at $180.25 per square foot, while the national average was $182.48 per square foot.

Addison, TX Sale Price per SF Trend

  • Addison Avg. Sale Price per SF in 2025$105.34
  • Texas Avg. Sale Price per SF in 2025$180.25

What was the total office sales volume in Addison in 2025?

The local office market recorded 3 deals in 2025, adding up to a yearly sales volume of $32.6M.

  • Addison, TX Total Office Sales Volume in 2025 $32.6M
  • Addison, TX Total Number of Office Sales Closed in 2025 3
Data provided by Yardi Research

What are the largest recent office completions in Addison?

The largest recent office completion here is Addison Circle One at 293,787 square feet, completed in 1998. The next largest completions are Addison Circle One and Two Addison Circle.

Office building Address SF Completed
Methodist Addison 17051 North Dallas Parkway, 75001 79,825 2013
15505 Wright Brothers Dr - Wright Brothers Corporate Center 15505 Wright Brothers Dr, 75001 78,569 2010
15505 Wright Brothers Dr - Wright Brothers Corporate Center 15505 Wright Brothers Dr, 75001 78,569 2010
15505 Wright Brothers Dr - Wright Brothers Corporate Center 15505 Wright Brothers Dr, 75001 78,569 2010
15505 Wright Brothers Dr - Wright Brothers Corporate Center 15505 Wright Brothers Dr, 75001 78,569 2010
15505 Wright Brothers Dr - Wright Brothers Corporate Center 15505 Wright Brothers Dr, 75001 78,569 2010
Two Addison Circle 15725 Dallas Pkwy., 75001 198,695 2009
Addison Circle One 15601 Dallas Pky, 75001 293,787 1998
Addison Circle One 15601 Dallas Pkwy, 75001 293,787 1998
16300 Addison Rd 16300 Addison Rd, 75001 23,765 1998
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.