Highlights
- The average rent for office space in Southlake is $42.48 per square foot, 4.15% higher compared to the previous year.
- The market’s vacancy rate stands at 14.34%, lower than the state average of Texas, which is 17.16%.
2025 Office Space Rent & Sales
- $42.48 2025 Avg. Asking Rent
- 4.15% Y-o-Y Avg. Asking Rent Change
- 14.34% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Southlake?
Average asking rents for office space here stand at $42.48 per square foot. The local office market recorded an average vacancy rate of 14.34% in 2025, unchanged from 14.34% in 2024.
Southlake, TX Office Asking Rents by Class
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.
Office Construction in Southlake, TX
What are the largest recent office completions in Southlake?
The largest recent office completion here is Granite Place II at Southlake Town Square at 143,524 square feet, completed in 2023. The next largest completions are 731 Zena Rucker Rd and 731 Zena Rucker Rd.
| 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 |
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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.