Irving Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Irving is $27.72 per square foot, 0.03% higher compared to the previous year.
  • The average sale price for office space in Irving is $141.15 per square foot, marking an increase of 103.85% compared to 2024.
  • The market’s vacancy rate stands at 25.42%, higher than the state average of Texas, which is 17.16%.
  • Renting Class A/A+ office space here costs $32.55 per square foot, while Class B averages $22.78 and Class C stands at $18.59.

2025 Office Space Rent & Sales

  • $27.72 2025 Avg. Asking Rent
  • 0.03% Y-o-Y Avg. Asking Rent Change
  • 25.42% 2025 Office Vacancy Rate
  • $216.8M2025 Total Office Sales
  • $141.15Avg. Sale Price/SF

What is the average asking rent price for office space in Irving?

Average asking rents for office space here stand at $27.72 per square foot. The local office market recorded an average vacancy rate of 25.42% in 2025, unchanged from 25.42% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $216.8M across 13 sales. These transactions commanded an average sale price per square foot of $141.15.

Irving, TX Office Asking Rents by Class

What is the average office rent per square foot by property class in Irving?

  • Avg. Asking Rent Class A & A+$32.55
  • Avg. Asking Rent Class B$22.78
  • Avg. Asking Rent Class C$18.59

The average asking rent for Class A and A+ office space stood at $32.55 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Irving averaged $22.78 per square foot, while the average for Class C space was $18.59 per square foot.

What is the average office rent per square foot by property class in TX?

  • Avg. Asking Rent Class A & A+$39.66
  • Avg. Asking Rent Class B$24.95
  • Avg. Asking Rent Class C$20.18

For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.

2025 Office Construction in Irving, TX

  • Irving, TX Total SF completed in 2025 907,870

How much office space was built in Irving in 2025?

907,870 square feet of new office space was delivered across the market in the previous year. New construction included 3 properties, with an average new property size of 302,623 square feet.

What are the largest recent office completions in Irving?

The largest recent office completion here is 777 Hidden Ridge at 1,125,360 square feet, completed in 2019. The next largest completions are Cypress Waters - CoreLogic Headquarters and 8900 Freeport.

Office building Address SF Completed
One-Fourteen Office Campus 200 West John Carpenter Fwy, 75038 57,870 2025
2150 Market Place Blvd 2150 Market Place Blvd, 75063 18,078 2020
777 Hidden Ridge 777 Hidden Ridge, 75038 1,125,360 2019
Gateway Medical Center 6121 N State Highway 161, 75063 66,605 2018
Cypress Waters - CoreLogic Headquarters 3001 Hackberry Road, 75063 327,183 2017
Freeport Office 8605 North Freeport Parkway, 75063 50,200 2007
Irving MOB II 2021 N MacArthur Blvd, 75061 126,121 2005
3929 West John W. Carpenter Fwy 3929 West John W. Carpenter Fwy, 75063 119,611 2005
8900 Freeport 8900 Freeport Pky, 75063 261,305 2003
Las Colinas Connection 6021 Connection Dr, 75039 249,304 2000
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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.