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Southlake Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $40.79 2024 Avg. Asking Rent
  • 32.91% 2024 Office Vacancy Rate

Southlake office price per square foot in 2024 was $40.79 on average. The local office market recorded an average vacancy rate of 32.91% 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

  • Southlake Class A & A+ Office Space$51.39
  • Southlake Class B Office Space$29.29
  • Texas Class A & A+ Office Space$38.26
  • Texas Class B Office Space$24.71
  • Texas Class C Office Space$19.84

Southlake, TX Office Asking Rents by Class

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2024 Office Construction in Southlake, TX

  • Southlake, TX Total SF under construction in 2025 26,000
Largest Office Properties Recently Completed in Southlake
Office building Address SF Completed
731 Zena Rucker Rd 731 Zena Rucker Rd, 76092 22,581 2025
731 Zena Rucker Rd 731 Zena Rucker Rd, 76092 22,581 2025
112 River Oaks Drive 112 River Oaks Drive, 76092 5,982 2025
2510, 2520 & 2560 E SH 114 2510-2520 E SH 114, 75092 9,500 2024
2510, 2520 & 2560 E SH 114 2510-2520 E SH 114, 75092 9,500 2024
Granite Place II at Southlake Town Square 601 State Street, 76092 143,524 2023
1220 N Kimball Ave 1220 N Kimball Ave, 76092 7,047 2023
175 S Kimball Ave #120 175 S Kimball Ave, 76092 1,407 2020
245 W SH 114 245 W SH 114, 76092 8,650 2018
1230 N Kimball Ave 1230 N Kimball Ave, 76092 1,470 2018

Worth noting among recent office completions on the Southlake market is 731 Zena Rucker Rd, which is currently the largest new office development in the city, at 22,581 square feet.

Data provided by Yardi Research

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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 Southlake 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.

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