Lewisville Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $17.02 2024 Avg. Asking Rent
  • 22.66% 2024 Office Vacancy Rate

Lewisville office price per square foot in 2024 was $17.02 on average. The local office market recorded an average vacancy rate of 22.66% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Texas Class A & A+ Office Space$38.26
  • Texas Class B Office Space$24.71
  • Texas Class C Office Space$19.84

Lewisville, TX Office Asking Rents by Class

2024 Office Vacancy Rates in Lewisville

Submarket Asking Rents Vacancy Rates
Platinum Corridor North $42.75 27.78%
Denton $23.57 18.38%
Lewisville $22.96 23.94%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Lewisville market was 22.66% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Lewisville was 18.38% in the Denton submarket, while the highest office vacancy in the market was 27.78%, recorded in Platinum Corridor North.

Coworking Spaces in Texas

2024 Office Construction in Lewisville, TX

  • Lewisville, TX Total SF completed in 2024 238,722

During 2024, 238,722 square feet of new office space were delivered across the market. At the close of 2024, the Lewisville office inventory included 3 buildings equal to or larger than 25,000 square feet, which comprised 238,722 square feet of office space.

Largest Office Properties Recently Completed in Lewisville
Office building Address SF Completed
Deck on Main 191 West Main Street, 75057 24,273 2023
527 E Main St 527 E Main St, 75057 780 2015
Lake Vista 7 2777 Lake Vista Drive, 75067 240,000 2008
The Shops at Highland Village 1701 Shoal Creek, 75077 389,090 2007
571 W Main St 571 W Main St, 75057 21,915 2002
Vista Ridge I 750 State Highway 121, 75067 122,000 1999
Brookhollow North 1760 South Stemmons Fwy, 75067 82,141 1985
Lake Park Plaza 359 Lake Park Road, 75057 53,462 1985
Centre Place 1422 W Main St, 75067 22,051 1983
560 West Main Street 560 West Main Street, 75057 25,520 1980

Worth noting among recent office completions on the Lewisville market is Deck on Main, which is currently the largest new office development in the city, at 24,273 square feet.

Data provided by Yardi Research

See reports for other 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Lewisville 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 Yardi Research Data can guarantee that the information provided is complete.