2020 Office Space Rent & Sales
- $33.98 2020 Avg. Asking Rent
- -2.16% Y-o-Y Avg. Asking Rent Change
- 11.41% 2020 Office Vacancy Rate
Frisco office price per square foot in 2020 was $33.98 on average. This marked a -2.16% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.41% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Frisco Class A Office Space$34.89
- Frisco Class B Office Space$27.23
- Texas Class A Office Space$35.41
- Texas Class B Office Space$23.36
- Texas Class C Office Space$16.89
Frisco, TX Office Asking Rents by Class
2020 Office Construction in Frisco, TX
- Frisco, TX Total SF completed in 2020 361,146
- Frisco, TX Total SF under construction in 2021 568,429
During 2020, 361,146 square feet of new office space were delivered across the market. At the close of 2020, the Frisco office inventory included 2 buildings equal to or larger than 25,000 square feet, which comprised 361,146 square feet of office space. Looking forward, development activity throughout 2021 is estimated to add 568,429 square feet of office space to the market, before year-end.
| Office building | Address | SF | Completed |
|---|---|---|---|
| PGA Headquarters | 1916 PGA Pkwy, 75034 | 106,622 | 2022 |
| 6425 Hall of Fame Lane | 6425 Hall of Fame Lane, 75034 | 358,000 | 2021 |
| HCA Medical City II | 5575 Frisco Square Blvd, 75034 | 150,567 | 2020 |
| UT Southwestern Medical Center | 12400 Dallas Pkwy, 75033 | 120,000 | 2019 |
| 6475 Preston Road | 6475 Preston Road, 75034 | 33,000 | 2019 |
| Avon @ Legacy Commerce Park | 4645 Avon Lane, 75033 | 29,612 | 2019 |
| Baylor Scott & White Sports Therapy & Research at The Star | 3800 Gaylord Pkwy, 75034 | 300,000 | 2018 |
| Hall Park - 3201 Dallas Pkwy | 3201 Dallas Pkwy, 75034 | 300,000 | 2018 |
| Stonebrook Business Park - Building 1 | 6735 Salt Cedar Way, 75034 | 90,000 | 2018 |
| The Ford Center at The Star | 1 Cowboys Way, 75034 | 397,819 | 2017 |
Worth noting among recent office completions on the Frisco market is PGA Headquarters, which is currently the largest new office development in the city, at 106,622 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 Frisco 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.