Highlights
- The average rent for office space in Cedar Park is $34.03 per square foot, 13.62% higher compared to the previous year.
- The market’s vacancy rate stands at 9.23%, lower than the state average of Texas, which is 17.16%.
2025 Office Space Rent & Sales
- $34.03 2025 Avg. Asking Rent
- 13.62% Y-o-Y Avg. Asking Rent Change
- 9.23% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Cedar Park?
Average asking rents for office space here stand at $34.03 per square foot. The local office market recorded an average vacancy rate of 9.23% in 2025, unchanged from 9.23% in 2024.
Cedar Park, TX Office Asking Rents by Class
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.
Office Construction in Cedar Park, TX
What are the largest recent office completions in Cedar Park?
The largest recent office completion here is Cedar Park Medical Office Building II at 80,734 square feet, completed in 2014. The next largest completions are Arrow Point Business Park and Village on Lakeline.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Oaks on Medical Parkway Suite 201 | 1515 Medical Pkwy Suite 201, 78613 | 1,737 | 2020 |
| Village on Lakeline | 120 South Lakeline Boulevard, 78613 | 44,168 | 2019 |
| Village on Lakeline Office Condos | 120 S Lakeline Blvd, 78613 | 42,838 | 2019 |
| Spanish Oaks Professional Center Building 7 #100 | 13625 Ronald Reagan Blvd, 78613 | 3,566 | 2019 |
| 1603 Medical Pkwy | 1603 Medical Pkwy, 78613 | 13,516 | 2016 |
| Spanish Oaks Professional Park | 13625 Ronald W. Reagan Blvd, 78613 | 33,898 | 2015 |
| Shops at Lakeline | 115 South Lakeline Blvd, 78613 | 23,634 | 2015 |
| Cedar Park Medical Office Building II | 1401 Medical Pkwy, 78613 | 80,734 | 2014 |
| Arrow Point Business Park | 1101 Arrow Point Drive, 78613 | 76,216 | 2008 |
| 351 Cypress Creek Road | 351 Cypress Creek Road, 78613 | 35,169 | 2008 |
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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.