2021 Office Space Rent & Sales
- $25.89 2021 Avg. Asking Rent
- -4.17% Y-o-Y Avg. Asking Rent Change
- 28.97% 2021 Office Vacancy Rate
Allen office price per square foot in 2021 was $25.89 on average. This marked a -4.17% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 28.97% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Allen Class A & A+ Office Space$31.24
- Allen Class B Office Space$22.59
- Texas Class A & A+ Office Space$35.57
- Texas Class B Office Space$23.85
- Texas Class C Office Space$18.04
Allen, TX Office Asking Rents by Class
Office Spaces for Rent in Texas
- Houston Office Space
- Austin Office Space
- San Antonio Office Space
- Dallas Office Space
- Fort Worth Office Space
- Plano Office Space
- Irving Office Space
- Richardson Office Space
- Round Rock Office Space
- El Paso Office Space
- Arlington Office Space
- Georgetown Office Space
- Frisco Office Space
- Lubbock Office Space
- Amarillo Office Space
Coworking Spaces in Texas
- Houston Coworking Space
- Dallas Coworking Space
- Austin Coworking Space
- San Antonio Coworking Space
- Plano Coworking Space
- Fort Worth Coworking Space
- Irving Coworking Space
- Frisco Coworking Space
- McKinney Coworking Space
- Sugar Land Coworking Space
- Arlington Coworking Space
- Katy Coworking Space
- Allen Coworking Space
- Grapevine Coworking Space
- Lubbock Coworking Space
- Richardson Coworking Space
- Southlake Coworking Space
- Conroe Coworking Space
- Denton Coworking Space
- El Paso Coworking Space
2021 Office Construction in Allen, TX
- Allen, TX Total SF under construction in 2022 105,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| Allen Tech Hub | 1255 South Watters Road, 75013 | 105,000 | 2022 |
| Twin Creeks Crest Office Condominiums | 945 Stockton Dr Suite 8110, 75013 | 1,228 | 2022 |
| One Bethany West at Watters Creek | 950 West Bethany Drive, 75013 | 200,000 | 2020 |
| 981 SH-121 Allen | 981 SH-121 Allen, 75013 | 2,012 | 2020 |
| AllenPlace - Building 1 | 450 Century Pkwy, 75013 | 102,471 | 2016 |
| Allen Corporate Center | 800 N. Watters Road, 75013 | 22,628 | 2015 |
| Lone Star Medical Center | 977 Raintree Cir, 75013 | 17,988 | 2009 |
| Presbyterian Allen Medical Office Building | 1105 N Central Expressway, 75013 | 62,061 | 2006 |
| The Office Campus at Allen - Building 2 | 1101 Central Expy S, 75013 | 48,048 | 2006 |
| The Office Campus at Allen | 1101 Central Expwy South, 75013 | 104,888 | 2005 |
Worth noting among recent office completions on the Allen market is Allen Tech Hub, which is currently the largest new office development in the city, at 105,000 square feet.
See reports for other markets
- Houston Office Rent Price
- Austin Office Rent Price
- San Antonio Office Rent Price
- Dallas Office Rent Price
- Fort Worth Office Rent Price
- Plano Office Rent Price
- Irving Office Rent Price
- Richardson Office Rent Price
- The Woodlands Office Rent Price
- Arlington Office Rent Price
- Frisco Office Rent Price
- Farmers Branch Office Rent Price
- McKinney Office Rent Price
- Denton Office Rent Price
- Carrollton Office Rent Price
- Lewisville Office Rent Price
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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Allen 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.