Office Rental Market
- $34.73 2019 Avg. Asking Rent
- 14.15 % 2019 Avg. Vacancy Rate
- 146,126 2019 Office Completions (Sqft)
- 929,575 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Frisco Class A Office Buildings$35.77
- Frisco Class B Office Buildings$26.46
- TX Class A Office Buildings$34.48
- TX Class B Office Buildings$23.32
- TX Class C Office Buildings$16.03
Frisco, TX Office Asking Rents by Class
OFFICE CONSTRUCTION IN Frisco, TX
- Frisco, TX Total Sqft completed in 2019 146,126
- Frisco, TX Total Sqft under construction in 2020 929,575
| Building name | Address | Total Sqft | Year built |
|---|---|---|---|
| The Ford Center at The Star | 1 Cowboys Way, 75034 | 397,819 | 2017 |
| Keurig Dr Pepper at The Star | 6425 Hall of Fame Lane, 75034 | 358,000 | 2021 |
| Baylor Scott & White Sports Therapy & Research at The Star | 3800 Gaylord Pkwy, 75034 | 300,000 | 2018 |
| Frisco Station - The Offices One | 6160 Warren Pky, 75034 | 237,890 | 2017 |
| Frisco Station - The Offices Two | 6303 Cowboys Way, 75034 | 210,579 | 2019 |
| The Offices Three - Frisco Station | 5844 John Hickman Pky, | 210,429 | 2021 |
| Hall Park - T1 | 3001 N Dallas Pky, 75034 | 200,000 | 2014 |
| 3560 Dallas Pkwy | 3560 Dallas Pkwy, 75034 | 199,800 | 2013 |
| Hall Park - 2801 Network Blvd | 2801 Network Blvd, 75034 | 197,724 | 2001 |
| Hall Park - 3001 Dallas Pkwy | 3001 Dallas Pkwy, 75034 | 194,133 | 2014 |
| Office building | Address | Sqft | Completed |
|---|---|---|---|
| Keurig Dr Pepper at The Star | 6425 Hall of Fame Lane, 75034 | 358,000 | 2021 |
| PGA Headquarters | SEC West University Drive & South Teel Pkwy, 75034 | 106,622 | 2021 |
| HCA Medical City II | SEC Dallas Pkwy & Frisco Square Blvd, 75034 | 150,567 | 2020 |
| UT Southwestern Medical Center | 12400 Dallas Pkwy, 75033 | 120,000 | 2019 |
| Avon @ Legacy Commerce Park | 4645 Avon Lane, 75033 | 29,612 | 2019 |
| Legacy Village Medical Office | 9500 Legacy Drive, 75033 | 26,126 | 2019 |
| Baylor Scott & White Sports Therapy & Research at The Star | 3800 Gaylord 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 |
| Waterstone Office Park | 255 West Lebanon Road, 75034 | 56,255 | 2017 |
Office Spaces for Rent in Texas
FRISCO OFFICE SALES TRENDS
- $178.402019 Avg. Price per Sqft
- 4.94 %Y-o-Y Avg. PpSF Change
- $56.3M2019 Office Sales Volume
- 32019 Number of Transactions
In 2019, office sales in Frisco averaged $178.40 per square foot. This marked a 4.94 % increase in office price per square foot, compared to the previous year. A total of 3 office sales closed on the Frisco office market in 2019, amounting to a total sales volume of $56.3M.
Average Office Sale Price per Sqft
Frisco, TX Sales Trends
- Frisco Price per Sqft$178.40
- Texas Price per Sqft$253.24
Office Sales - Trend and Volume
- Frisco, TX Total Office Sales Volume in 2019 $56.3M
- Frisco, TX Total Number of Office Sales Closed in 2019 3
Largest Frisco Office Sales in 2019
| Property name | Address | Date | Price |
|---|---|---|---|
| Duke Bridges III | 7460 Warren Pkwy | 2/14/2019 | $24,493,000 |
| Parkwood Office Center | 3801 Parkwood Drive | 2/22/2019 | $18,929,000 |
| Country Club Plaza | 1701 Legacy Drive | 4/18/2019 | $12,857,000 |
See trends for nearby markets
The Frisco office market contains an inventory of 7,062,606 square feet of office space, in 148 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive 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.