2024 Office Space Rent & Sales
- $24.52 2024 Avg. Asking Rent
- 16.73% 2024 Office Vacancy Rate
Conroe office price per square foot in 2024 was $24.52 on average. The local office market recorded an average vacancy rate of 16.73% 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
2024 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
Conroe, TX Office Asking Rents by Class
2024 Office Vacancy Rates in Conroe
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| The Woodlands | $34.82 | 18.28% |
| Conroe | $24.52 | 16.32% |
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2024 Office Construction in Conroe, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| 704 S 1st St | 704 S 1st St, 77301 | 4,554 | 2025 |
| 704 S 1st St | 704 S 1st St, 77301 | 4,554 | 2025 |
| Magnolia Medical Specialists Building | 3786 Farm to Market Road 1488, 77384 | 53,000 | 2023 |
| 2109 Maurel Dr - Office for Lease | 2109 Maurel Drive, 77304 | 10,000 | 2023 |
| Physicians Center at Vision Park | 18354 I-45 S, 77384 | 47,747 | 2022 |
| 2643 S Loop 336 W - Office For Sale | 2643 S Loop 336 W, 77304 | 20,000 | 2022 |
| Premier Office/Warehouse Building for Sale | 2517 N. Frazier St., Conroe – High-Visibility Corner in Business Corridor | 2517 N Frazier St : Building II, 77303 | 10,083 | 2022 |
| Mallard Cove - Office Suites | 2643 S Loop 336 W, 77304 | 30,000 | 2021 |
| WNB Mixed-Use Office/Retail Building | 400 W. Davis Street, 77301 | 30,000 | 2021 |
| Promenade Place | 400 River Pointe Dr, 77304 | 10,877 | 2021 |
Worth noting among recent office completions on the Conroe market is 704 S 1st St, which is currently the largest new office development in the city, at 4,554 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Conroe 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 Yardi Research Data can guarantee that the information provided is complete.