2020 Office Space Rent & Sales
- $28.53 2020 Avg. Asking Rent
- 0.20% Y-o-Y Avg. Asking Rent Change
- 5.81% 2020 Office Vacancy Rate
Denton office price per square foot in 2020 was $28.53 on average. This marked a +0.20% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 5.81% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Denton Class B Office Space$30.49
- Denton Class C Office Space$18.66
- Texas Class A Office Space$35.41
- Texas Class B Office Space$23.36
- Texas Class C Office Space$16.89
Denton, TX Office Asking Rents by Class
2020 Office Construction in Denton, TX
- Denton, TX Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Denton office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| DATCU Corporate Headquarters | 5940 South Interstate 35 East, 76210 | 52,000 | 2016 |
| North Denton Medical Plaza | 2665 Scripture Street, 76201 | 40,810 | 2012 |
| Unicorn Lake Medical Plaza II | 3319 Unicorn Lake Blvd, 76210 | 28,013 | 2011 |
| The MAC Building | 2800 Shoreline Drive, 76210 | 45,291 | 2009 |
| North Texas Medical Plaza - Professional Building | 2817 South Mayhill Road, 76208 | 44,518 | 2007 |
| Texas Health Presbyterian Hospital Denton - Medical Building 1 | 2900 North Interstate 35 East, 76201 | 82,094 | 2004 |
| Sally Beauty Company Headquarters | 3001 Colorado Blvd, 76210 | 203,193 | 2003 |
| 3600-3612 East McKinney Street | 3600 East McKinney Street, 76209 | 49,812 | 2003 |
| 3900 Karina Lane | 3900 Karina Lane, 76208 | 87,588 | 2001 |
| Colorado Medical Center | 3304 Colorado Blvd, 76210 | 34,872 | 2001 |
Worth noting among recent office completions on the Denton market is DATCU Corporate Headquarters, which is currently the largest new office development in the city, at 52,000 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Denton 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.