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Commercial Real Estate in Grand Prairie, TX - 200 Properties Available

  • 2880 113th Street - Grand Prairie
    2880 113th Street, Riverhill, Grand Prairie, TX 75050
    For Lease $4.5/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 31,850 Sqft
  • Trinity Crossing - Building 2 - Grand Prairie
    3110 Roy Orr Blvd, Grand Place, Grand Prairie, TX 75050
    For Lease $3.85/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 73,900 Sqft
  • Brookhollow Riverside - Grand Prairie
    2505 North State Highway 360, Plantations Gate, Grand Prairie, TX 75050
    For Lease $19.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 33,255 Sqft
  • Northcourt Center - Grand Prairie
    901 Avenue T, Plantations Gate, Grand Prairie, TX 75050
    For Lease $5.5/Sqft/Year
    Property
    • Industrial
    Availability
    • 2 Spaces
    • 39,603 Sqft
  • 2951 NE Great Southwest Pkwy - Grand Prairie
    2951 NE Great Southwest Pkwy, Riverhill, Grand Prairie, TX 75050
    For Lease $3.9/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 64,969 Sqft
  • Carrier 360 - Grand Prairie
    2080 North State Highway 360, The Fairways, Grand Prairie, TX 75050
    For Lease $17.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 8,092 Sqft
  • One Paddock Place - Grand Prairie
    2214 Paddock Way, Plantations Gate, Grand Prairie, TX 75050
    For Lease $7.25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,980 Sqft
  • Post & Paddock Industrial Park - 2800 & 2890 112th Street & 1325 114th Street - Grand Prairie
    2800 112th Street, Riverhill, Grand Prairie, TX 75050
    For Lease $4.25/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 54,747 Sqft
  • Baylor Health Center at Lake Ridge - Grand Prairie
    4927 Lake Ridge Pkwy, Lake Parks North, Grand Prairie, TX 75052
    For Lease $21.5 - $22.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,296 Sqft
  • Parc Oak Plaza - Grand Prairie
    2304 Oak Lane, Inglewood Terrace, Grand Prairie, TX 75051
    For Lease $13/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 285 Sqft
  • Post & Paddock Service Center - Grand Prairie
    1360 Post & Paddock Road, Plantations Gate, Grand Prairie, TX 75050
    For Lease $5.25 - $7.5/Sqft/Year
    Property
    • Industrial
    Availability
    • 3 Spaces
    • 21,302 Sqft
  • Tower 360 - Grand Prairie
    1901 North State Highway 360, Whiteco, Grand Prairie, TX 75050
    For Lease $19 - $21/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 30,185 Sqft
  • 1174 N Great Southwest Pkwy - Grand Prairie
    1174 N Great Southwest Pkwy, Hidden Creek, Grand Prairie, TX 75050
    $4.85/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 20,219 Sqft
  • Bank of America Tower - Grand Prairie
    801 West Freeway Street, Indian Hills, Grand Prairie, TX 75051
    Off-Market
    Property
    • Office
  • 1313 & 1421 Avenue R - Grand Prairie
    1313 Avenue R, Sunnyvale Estates, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • 1750 Westpark Drive - Grand Prairie
    1750 Westpark Drive, The Fairways, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • 2302 West Marshall Drive - Grand Prairie
    2302 West Marshall Drive, Park Heights, Grand Prairie, TX 75051
    Off-Market
    Property
    • Industrial
  • 920 Avenue R - Grand Prairie
    920 Avenue R, The Fairways, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • Laticrete Facility - Grand Prairie
    1710 111th Street, The Fairways, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • Prologis Great Southwest - 510 West Trinity Blvd - Grand Prairie
    510 West Trinity Blvd, Shady Grove, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • 1150 Isuzu Pkwy - Grand Prairie
    1150 Isuzu Pkwy, St. Laurent, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • Heinz Way I - Grand Prairie
    801 Heinz Way, Park Heights, Grand Prairie, TX 75051
    Off-Market
    Property
    • Industrial
  • DFW Southgate - Grand Prairie
    3550 Roy Orr Blvd, Grand Place, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • 1080 Post & Paddock Road - Grand Prairie
    1080 Post & Paddock Road, Plantations Gate, Grand Prairie, TX 75050
    Off-Market
    Property
    • Industrial
  • Dallas Global Industrial Center - Dallas
    9314 West Jefferson Blvd, Sol Spigel Village, Dallas, TX 75211
    Off-Market
    Property
    • Office

Grand Prairie, TX Economic Overview

Location Photo

Located in the center of the Dallas-Fort Worth Metroplex, Grand Prairie is home to over 183,000 people and a daily workforce of nearly 91,000 employees. This 81-square-mile city is also one of the most business friendly in the region, proactively seeking commercial capital investments of all types. Due to its central location between Dallas and Fort Worth and with easy access to air and highway transportation infrastructure, the growth of commercial real estate in Grand Prairie is driven by its reputation as one of the most well-established distribution centers in North Texas. 

The Grand Prairie Economic Development Department aggressively seeks out new development and new opportunities for business, and has a proven track record of success. Job growth in Grand Prairie was nearly 3% last year, with a 41% increase in employment projected over the next 10 years.

With a median household income of over $56,000 and an unemployment rate of just 4%, workers are attracted to the myriad of job opportunities created by the warehouse, distribution and manufacturing businesses that are located in Grand Prairie. The I-30 and I-20 Interstate corridors have become magnets for corporate locations and have seen significant retail and entertainment development.

Grand Prairie, TX Commercial Real Estate Market

The City is dedicated to commercial real estate development, providing a place to start or expand a business and also offering a pleasant way of life for its residents. The City offers numerous development incentives, including an Industrial Incentive Program, Real Property and Business Personal Property Tax Abatements, County Tax Abatements, Triple Freeport Tax Exemptions, Accelerated Permit Review and Streamlining, Tax Increment Financial Districts and access to numerous State of Texas development and economic programs.

Grand Prairie is a well-established distribution center, due to its centralized Metroplex location and access to a highly integrated transportation infrastructure. The 80 million-square-foot Great Southwest Industrial District lies mainly in the city and provides commercial and industrial tenants in Grand Prairie quick and easy access to the Dallas-Fort Worth International Airport, the sprawling local marketplaces of both Dallas and Fort Worth, as well as access to railroad and highway transportation.

Because of the City's balanced approach to business and residential population, recent industrial, hotel and multi-family residential projects in Grand Prairie have absorbed large tracts of land near the Great Southwest Industrial District, while the hill country at the southernmost end of the City has attracted high-end residential housing and resort development.

The growth of the industrial market in the Metroplex where Grand Prairie is located is driven by numerous factors, including the proximity to major U.S., Canadian and Mexican markets, both short- and long-haul trucking, warehousing and logistics. The world's first industrial airport, transporting cargo only, is located in Dallas, and along with two intermodal rail yards and links to highways add to the transportation infrastructure. The Great Southwest Industrial District, located primarily in Grand Prairie, and the Alliance Texas Industrial Park in North Dallas have a combined 110 million square feet of industrial space.

There is over 230 million square feet of office product in the area, ranging from large multi-tenant buildings to smaller space in the numerous suburban office parks. Main users of office space in Grand Prairie and the Metroplex include both traditional and green energy firms, banking & financial services, aerospace and telecommunications firms.

Dynamic retail development continues in the area, driven by the demand from residential and business needs and the availability of land near Grand Prairie and the surrounding suburbs. There are several shopping centers that boast more than 1 million square feet each, all with very low vacancies, and almost all major national and international brands can be found in the shopping centers, malls and storefronts here.

Grand Prairie, TX Commercial Inventory Breakdown

Office Spaces

Total: 5,266,961 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 594,087 SF / 11.28% of total office
  • 100k to 500k SF: 501,681 SF / 9.53% of total office
  • > 1M SF: 4,171,193 SF / 79.2% of total office

By class:

  • Class B: 4,796,143 SF / 91.06% of total office
  • Class C: 320,818 SF / 6.09% of total office

Industrial

Total: 49,851,243 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 185,907 SF / 0.37% of total industrial
  • 100k to 500k SF: 33,179,900 SF / 66.56% of total industrial
  • 500k to 1M SF: 9,161,539 SF / 18.38% of total industrial
  • > 1M SF: 7,323,897 SF / 14.69% of total industrial

By class:

  • Class A: 24,231,095 SF / 48.61% of total industrial
  • Class B: 24,494,894 SF / 49.14% of total industrial
  • Class C: 1,024,454 SF / 2.06% of total industrial

Employment in Grand Prairie, TX

Employment

Grand Prairie's focus on balancing the needs of its corporate citizens with the lifestyle of its residents has paid off handsomely, with employment expected to increase over 40% during the next 10 years. The labor force in Grand Prairie boast an average salary of nearly $64,000 per year, higher than the national average, as well as the State of Texas and Dallas County, and nearly as high as the residents of the entire Metroplex of Dallas-Fort Worth-Arlington.

Major private employers in Grand Prairie include Lockheed Martin Missiles & Fire Control, Poly-America, Bell Helicopter-Textron, Long Star Park at Grand Prairie, Triumph Aerostructures - Vought Aircraft Division, Republic National Distributing, Walmart, Airbus Helicopter, Forterra Pipe & Products, Siemens Energy & Automation, Pitney Bowes Presort Services, Arnold Transportation Services, and SAIA Motor Freight Line Inc.

Of the over 90,000 workers in Grand Prairie, nearly 13% work in manufacturing, 12% in the retail trades, 10% in healthcare and social services, nearly 8% in construction, over 7% in transportation and warehousing, and over 6% in finance and insurance.

Education in Grand Prairie, TX

The Grand Prairie Independent School District operates 24 elementary schools, seven middle schools and five senior high schools, along with three 6th-through-12th grade schools and one school dedicated to alternative education.

There are numerous colleges and universities within a 50-mile drive of Grand Prairie, offering programs in general business, engineering, business management and medical doctorates. In addition, these schools, along with technical colleges provide business consulting, company-specific employee training, community health care services, computer & information service training, and economic & land development research programs.

Public and private universities near Grand Prairie include the University of Texas at Arlington and at Dallas, Texas Woman's University, University of North Texas, Texas Christian University, Texas Wesleyan University, and Southern Methodist University.

Commuting Time in Grand Prairie, TX

Commuters in Grand Prairie spend a little less than 25 minutes each way driving to and from work, while almost 2% have a 'super commute' of 90 minutes or more. The City offers public transportation for the elderly or disabled members of its community, and over 82% of the labor force commutes to work by automobile.

  • The Great Southwest Industrial Park provides infrastructure and industrial transportation in both the Industrial Parks of Grand Prairie and Arlington.
  • Grand Prairie is located just 12 miles west of the Dallas central business district and 15 miles east of central Fort Worth.
  • Interstate 30 and Interstate 20 both pass through Grand Prairie, running east and west.
  • Grand Prairie is located just 10 minutes from the Dallas/Fort Worth International Airport which is situated between Dallas and Fort Worth and is the third-busiest airport in the U.S. for operations. Four feeder or cargo airports surround the Fort Worth-area: Fort Worth Alliance Airport, Fort Worth Meacham International Airport, Fort Worth Spinks Airport and the Naval Air Station Joint Reserve Base.

Grand Prairie Demographics

Population

  • Total Population188,664
  • Male Population(49.0 %) 92,394
  • Female Population(51.0 %) 96,270
  • Median Age32.90

Income/Financial

  • Average Household Income$74,747
  • Median Household Income$62,589
  • Median Income Under 25$31,396
  • Median Income 25-44$62,520
  • Median Income 45-64$71,427
  • Median Income Over 65$46,708

News

Amazon’s search for a new home has stirred up city officials and developers across the country, and 238 applicants across North America have expressed interest in housing the company’s next headquarters. Of course, the retail giant has a few requirements: the chosen metropolitan area should idea...

  It’s been quite a fruitful year so far for industrial real estate in the U.S. According to the National Real Estate Investor, total industrial sales are expected to exceed 2016 levels this year, marking the second-best volume in 10 years. Large portfolio deals are also making a comeback, and b...

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