Ask someone familiar with the Metroplex to choose one area that typifies its diverse qualities and far-reaching appeal and they're likely to pick Denton. With a vibrant personality and much to offer businesses of all shapes and sizes, Denton is an area eagerly investing into today to ensure a robust and prosperous tomorrow.
TenantBase's local real estate advisors are well-versed in the Denton office scene and can help you find space that suits your needs well. Leverage our insights and expertise into the Denton commercial real estate market to turn your company's next home in this great area into growth and lasting success.
Office Space in Denton
Denton is a city with a large geographic footprint that serves it well as its commercial real estate inventory expands at a rapid pace. A variety of companies and industries flock to the city as demonstrated by commercial vacancy rates around 13% for office and below 10% for industrial space. The west side of Denton is popular with manufacturing companies with Peterbilt being one of the area's largest employers.
Businesses will find nearly 8 million sq ft of traditional office space between Denton and neighboring Lewisville. Space size averages 2,500 sq ft at rents around $23.50/sq ft in mostly garden office complexes. The area features some multi-tenant, multi-story buildings closer to Denton's core as well but only 200,000 sq ft or so of Class A inventory.
Industrial space ranges between 5,000 and 10,000 sq ft with rents averaging $5/sq ft for distribution space and $9/sq ft for flex space. Downtown Denton has limited free and paid parking but businesses will find ample parking everywhere else which will serve companies well as the city continues to expand rapidly. Several retail developments at 380 & 35, 380 corridor, and the Golden Triangle Mall along 288 are quickly transforming the immediate area into a financial powerhouse for the Metroplex.
Working in Denton
The recent 35E expansion along with 2499 has significantly improved traffic throughout the area. While growth throughout Denton can cause some congestion at peak hours, relatively easy commutes are one of the major draws for talent into the area. The DCTA also runs several bus lines and a light rail system to add even more commuting options for employees.
Much of Denton also has an appealing college town feel thanks to North Texas University with several diverse restaurants that range from upscale to quick but delicious. Downtown is even more varied with a revitalized Denton Square that features live music venues, bars, and additional dining options. The city also boasts a great public park system that gives talent easy access to green space.
Denton is an area that attracts a wide range of businesses due to its rapid growth, significant office space inventory, and appealing amenities. This unique combination allows companies to draw key talent into the city from all over the Metroplex. TenantBase’s local expertise can help locate the ideal office space in Denton that will serve your employees and company's needs for years to come.