Plano Texas Industrial
Real Estate Market
Industrial Market Stats
Updated February 2025
| Bldg Range | Market Size (SF) | Avail. Space | Vacancy % | Est. Rental Rate |
|---|---|---|---|---|
| 0 SF - 50K | 2.0M SF | 114K SF | 5.7% | $14.75/SF |
| 50K - 200K | 5.8M SF | 691K SF | 11.91% | $11.75/SF |
| 200K + | 1.4M SF | 302K SF | 21.6% | $9.25/SF |
Flex Market Stats
Updated February 2025
| Bldg Range | Market Size (SF) | Avail. Space | Vacancy % | Est. Rental Rate |
|---|---|---|---|---|
| 0 SF - 20K | 752K SF | 81.7K SF | 4.22% | $17.25/SF |
| 20K - 50K | 1.6M SF | 169K SF | 10.56% | $16.50/SF |
| 50K + | 2.0M SF | 119K SF | 5.95% | $15.75/SF |
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Three Reasons to move or expand your business in Plano, TX.
1.) Robust Job Market and Corporate Presence:
Plano is home to an impressive number of corporate headquarters, including Fortune 500 companies like J.C. Penney, Frito Lay, and Toyota. This concentration of business activity ensures a dynamic job market, which can attract a skilled workforce to your business. The presence of these corporations also signals a supportive environment for business growth, with many opportunities for networking, partnerships, and supply chain benefits. The job market's strength is further evidenced by Plano's ranking among the best places for jobs, and projections suggest significant job growth in the area by 2027.2.) High Quality of Life and Safe Environment:
Plano is known for its high quality of life, which includes excellent schools, numerous parks, and a vibrant cultural scene. The city has been ranked as one of the safest in the U.S., which can be a significant draw for employees considering relocation. This safety, combined with a community that fosters a close-knit yet diverse culture, contributes to employee satisfaction and retention. The quality of life in Plano is often cited as a reason why both individuals and businesses choose to relocate here, offering a balanced lifestyle that can boost productivity and morale.3.) Favorable Economic Conditions for Business:
Despite being an affluent city with a median household income above the national average, Plano maintains a cost of living that is relatively reasonable compared to other major metropolitan areas. This balance can be advantageous for businesses looking to manage operational costs while still accessing a high-income market. Additionally, Plano's business-friendly environment is highlighted by competitive term loan rates for business expansion, suggesting that financing for growth or relocation might be more accessible here than in other locales. The city is also strategically positioned close to the Dallas/Fort Worth metroplex, providing access to a larger market without the higher costs associated with central city locations.
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Disclaimer - The information provide on this webpage is obtained from multiple sources believed to be reliable. We make no guarantee, warranties or representations as to the completeness or accuracy thereof. Always conduct your own research and consult with professionals before making leasing decisions. The data is subject to change any time.
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