2023 Office Space Rent & Sales
- $25.88 2023 Avg. Asking Rent
- 13.23% 2023 Office Vacancy Rate
Conroe office price per square foot in 2023 was $25.88 on average. The local office market recorded an average vacancy rate of 13.23% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Conroe Class A & A+ Office Space$31.03
- Conroe Class B Office Space$24.60
- Texas Class A & A+ Office Space$36.17
- Texas Class B Office Space$24.95
- Texas Class C Office Space$31.07
Conroe, TX Office Asking Rents by Class
2023 Office Vacancy Rates in Conroe
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
The Woodlands | $34.17 | 19.55% |
Conroe | $25.88 | 10.72% |
Coworking Spaces in Texas
- Houston Coworking Space
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2023 Office Construction in Conroe, TX
- Conroe, TX Total SF completed in 2023 53,000
During 2023, 53,000 square feet of new office space were delivered across the market. At the close of 2023, the Conroe office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 53,000 square feet of office space.
Office building | Address | SF | Completed |
---|---|---|---|
1904 Longmire Rd - Bldg 300 - Office For Lease or Sale | 1904 Longmire Road - Bldg 300, 77304 | 4,168 | 2023 |
1904 Longmire Rd - Bldg 300 - Office For Lease or Sale | 1904 Longmire Road - Bldg 300, 77304 | 4,168 | 2023 |
400 River Pointe Dr | 400 River Pointe Dr, 77304 | 10,877 | 2021 |
1020 Riverwood Court | 1020 Riverwood Court, 77304 | 50,000 | 2018 |
800 Riverwood Ct | 800 Riverwood Ct, 77304 | 16,401 | 2018 |
800 Riverwood Ct | 800 Riverwood CT, 77304 | 16,400 | 2018 |
Homestead Plaza | 2200 North Frazier Street, 77303 | 86,231 | 2017 |
600 River Pointe Dr | 600 River Pointe Dr, 77304 | 12,045 | 2017 |
Mallard Cove - Office Suites For Sale | 2751 S Loop 336 W, 77304 | 30,000 | 2016 |
128 Vision Park | 128 Vision Park, 77384 | 75,000 | 2014 |
Worth noting among recent office completions on the Conroe market is 1904 Longmire Rd - Bldg 300 - Office For Lease or Sale, which is currently the largest new office development in the city, at 4,168 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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, 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 CommercialEdge can guarantee that the information provided is complete.