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Plano Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Plano is $45.36 per square foot, 6.34% higher compared to the previous year.
  • The average sale price for office space in Plano is $117.57 per square foot, marking an increase of 32.64% compared to 2024.
  • The market’s vacancy rate stands at 21.43%, higher than the state average of Texas, which is 17.16%.
  • 31,778 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $45.36 2025 Avg. Asking Rent
  • 6.34% Y-o-Y Avg. Asking Rent Change
  • 21.43% 2025 Office Vacancy Rate
  • $247.1M2025 Total Office Sales
  • $117.57Avg. Sale Price/SF

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

Average asking rents for office space here stand at $45.36 per square foot. The local office market recorded an average vacancy rate of 21.43% in 2025, unchanged from 21.43% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $247.1M across 16 sales. These transactions commanded an average sale price per square foot of $117.57.

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Plano, TX Office Asking Rents by Class

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

  • Avg. Asking Rent Class A & A+$46.89
  • Avg. Asking Rent Class B$25.74

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.

Plano, TX Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Plano was Plano at 15.03%. Meanwhile, the highest office vacancy rate in the market was 20.85%, recorded in North Dallas.
Submarket Asking Rents Vacancy Rates
Platinum Corridor North $45.73 20.74%
Plano $31.39 15.03%
North Dallas $28.58 20.85%
Data provided by Yardi Research

2025 Office Construction in Plano, TX

  • Plano, TX Total SF completed in 2025 100,000
  • Plano, TX Total SF under construction in 2026 31,778

How much office space was built in Plano in 2025?

100,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 100,000 square feet.

Looking forward, development activity in 2026 is estimated to add 31,778 square feet of office space to the market in total.

What are the largest recent office completions in Plano?

The largest recent office completion here is Granite Park Six at 422,109 square feet, completed in 2023. The next largest completions are Ryan Tower at Legacy West and 6100 Legacy.

Office building Address SF Completed
121 Commerce Center - AQUA 8580 Belleview Drive, 75024 100,000 2025
Ryan Tower at Legacy West 8101 Windrose Avenue, 75024 409,182 2024
The Parkwood Phase II 3960 Dallas Pky, 75093 120,000 2024
121 Commerce Center - TERRA 8560 Belleview Drive, 75024 100,000 2024
GRANITE PARK PROFESSIONAL OFFICE CONDOS 5740 State Highway 121, 75024 33,600 2024
Granite Park Six 5525 Granite Pkwy, 75024 422,109 2023
The Landing - 6261-6275 West Plano Pkwy 6275 West Plano Pkwy, 75093 238,652 2023
6100 Legacy 6100 Legacy Dr, 75024 327,000 2022
Towne Square II 8400 Belleview Drive, 75024 80,051 2021
Apex at Legacy 5801 Headquarters Drive, 75024 209,267 2020
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.

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