Cedar Park Office Market Trends

Office Rental Market

  • $29.94 2019 Avg. Asking Rent
  • 14.97 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 44,168 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Cedar Park was $29.94 per square foot, and the office vacancy rate across the market averaged 14.97 %. During 2019, developers added 0 square feet of new office space to the Cedar Park market inventory. Office developments estimated for delivery during 2020 total 44,168 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Cedar Park Class A Office Buildings$34.74
  • Cedar Park Class B Office Buildings$29.82
  • TX Class A Office Buildings$34.48
  • TX Class B Office Buildings$23.32
  • TX Class C Office Buildings$16.03

Cedar Park, TX Office Asking Rents by Class

OFFICE CONSTRUCTION IN Cedar Park, TX

  • Cedar Park, TX Total Sqft completed in 2019 0
  • Cedar Park, TX Total Sqft under construction in 2020 44,168
10 Largest Office Buildings in Cedar Park
Building name Address Total Sqft Year built
Discovery Business Park 715 Discovery Blvd, 78613 103,219 2004
11200 Lakeline Blvd 11200 Lakeline Blvd, 78729 90,047 2007
Cedar Park Medical Office Building II 1401 Medical Pkwy, 78613 86,000 2014
Cedar Park Medical Office Building I 1401 Medical Pkwy, 78613 83,393 2007
Pediatric Specialty Center 1301 Medical Pkwy, 78613 75,000 2016
WestPark Professional 120 South Lakeline Blvd, 78613 44,168 2020
120 South Lakeline Blvd 120 South Lakeline Blvd, 78613 44,168 2020
910 East Whitestone Blvd 910 East Whitestone Blvd, 78613 38,230 2014
12000 West Parmer Lane 12000 West Parmer Lane, 78613 35,500 2021
351 Cypress Creek Road 351 Cypress Creek Road, 78613 35,169 2008
Largest Office Properties Recently Completed in Cedar Park
Office building Address Sqft Completed
12000 West Parmer Lane 12000 West Parmer Lane, 78613 35,500 2021
120 South Lakeline Blvd 120 South Lakeline Blvd, 78613 44,168 2020
WestPark Professional 120 South Lakeline Blvd, 78613 44,168 2020
Silver Spur Business Park 2020 North Bell Blvd, 78613 30,000 2019
Pediatric Specialty Center 1301 Medical Pkwy, 78613 75,000 2016
Cedar Park Medical Office Building II 1401 Medical Pkwy, 78613 86,000 2014
910 East Whitestone Blvd 910 East Whitestone Blvd, 78613 38,230 2014
351 Cypress Creek Road 351 Cypress Creek Road, 78613 35,169 2008
Lakeline Office Park Condominiums 201 South Lakeline Blvd, 78613 31,768 2008
11200 Lakeline Blvd 11200 Lakeline Blvd, 78729 90,047 2007
Data provided by Commercial Edge

Office Spaces for Rent in Texas

See trends for nearby markets

The Cedar Park office market contains an inventory of 957,330 square feet of office space, in 54 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Cedar Park 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.