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Grand Prairie Office Rent Price & Sales Report

2021 Office Space Rent & Sales

  • $21.40 2021 Avg. Asking Rent
  • 0.01% Y-o-Y Avg. Asking Rent Change
  • 10.88% 2021 Office Vacancy Rate

Grand Prairie office price per square foot in 2021 was $21.40 on average. This marked a +0.01% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 10.88% across all asset classes combined.

Average Rent by Office Class

2021 Average Office Rent per Square Foot

  • Grand Prairie Class B Office Space$21.51
  • Grand Prairie Class C Office Space$11.01
  • Texas Class A & A+ Office Space$35.57
  • Texas Class B Office Space$23.85
  • Texas Class C Office Space$18.04

Grand Prairie, TX Office Asking Rents by Class

Office Spaces for Rent in Texas

  • Houston Office Space
  • Austin Office Space
  • San Antonio Office Space
  • Dallas Office Space
  • Fort Worth Office Space
  • Plano Office Space
  • Irving Office Space
  • Richardson Office Space
  • Round Rock Office Space
  • El Paso Office Space
  • Arlington Office Space
  • Georgetown Office Space
  • Frisco Office Space
  • Lubbock Office Space
  • Amarillo Office Space

Coworking Spaces in Texas

  • Houston Coworking Space
  • Dallas Coworking Space
  • Austin Coworking Space
  • San Antonio Coworking Space
  • Plano Coworking Space
  • Fort Worth Coworking Space
  • Irving Coworking Space
  • Frisco Coworking Space
  • McKinney Coworking Space
  • Sugar Land Coworking Space
  • Arlington Coworking Space
  • Katy Coworking Space
  • Allen Coworking Space
  • Lubbock Coworking Space
  • Grapevine Coworking Space
  • Richardson Coworking Space
  • Southlake Coworking Space
  • El Paso Coworking Space
  • Spring Coworking Space
  • Addison Coworking Space

2021 Office Construction in Grand Prairie, TX

Largest Office Properties Recently Completed in Grand Prairie
Office building Address SF Completed
Concorde Career College 3015 West Interstate 20, 75052 50,000 2014
Baylor Health Center at Lake Ridge 4927 Lake Ridge Pkwy, 75052 36,061 2005
One Paddock Place 2214 Paddock Way, 75050 71,677 1987
2505 North State Highway 360 2505 North State Highway 360, 75050 119,424 1985
Brookhollow Riverside 2505 North State Highway 360, 75050 118,536 1984
MCM Medical Center 929 W Pioneer Pkwy, 75051 10,600 1982
726 Dalworth 726 Dalworth St, 75050 7,105 1982
401 East Palace Pkwy 401 East Palace Pkwy, 75050 27,645 1981
1205 Avenue H 1205 Avenue H, 75050 60,556 1961
1205 Avenue H 1205 Avenue H, 75050 60,556 1961

Worth noting among recent office completions on the Grand Prairie market is Concorde Career College, which is currently the largest new office development in the city, at 50,000 square feet.

Data provided by Commercial Edge

See reports for other markets

  • Houston Office Rent Price
  • Austin Office Rent Price
  • San Antonio Office Rent Price
  • Dallas Office Rent Price
  • Fort Worth Office Rent Price
  • Plano Office Rent Price
  • Irving Office Rent Price
  • Richardson Office Rent Price
  • The Woodlands Office Rent Price
  • Arlington Office Rent Price
  • Farmers Branch Office Rent Price
  • Carrollton Office Rent Price
  • Lewisville Office Rent Price
  • Addison Office Rent Price
  • Grapevine Office Rent Price
  • Bedford Office Rent Price

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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Grand Prairie 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 CommercialEdge can guarantee that the information provided is complete.

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