2023 Office Space Rent & Sales
- $21.28 2023 Avg. Asking Rent
- -2.39% Y-o-Y Avg. Asking Rent Change
- 9.70% 2023 Office Vacancy Rate
Grand Prairie office price per square foot in 2023 was $21.28 on average. This marked a -2.39% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 9.70% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Grand Prairie Class B Office Space$22.06
- Grand Prairie Class C Office Space$11.01
- Texas Class A & A+ Office Space$36.17
- Texas Class B Office Space$24.95
- Texas Class C Office Space$31.07
Grand Prairie, TX Office Asking Rents by Class
2023 Office Vacancy Rates in Grand Prairie
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Arlington | $23.15 | 17.28% |
Grand Prairie | $19.74 | 13.60% |
Coworking Spaces in Texas
- Houston Coworking Space
- Dallas Coworking Space
- Denver Coworking Space
- Austin Coworking Space
- Nashville Coworking Space
- San Antonio Coworking Space
- Phoenix Coworking Space
- Scottsdale Coworking Space
- Salt Lake City Coworking Space
- Kansas City Coworking Space
- Plano Coworking Space
- Fort Worth Coworking Space
- Colorado Springs Coworking Space
- Memphis Coworking Space
- St. Louis Coworking Space
- New Orleans Coworking Space
- Boulder Coworking Space
- Omaha Coworking Space
- Tucson Coworking Space
- Tulsa Coworking Space
- Chattanooga Coworking Space
2023 Office Construction in Grand Prairie, TX
Office building | Address | SF | Completed |
---|---|---|---|
Cubework Grand Prairie | 2250 Lion Country Pkwy, 75050 | 344,400 | 2015 |
5535 Lake Ridge Pkwy | 5535 Lake Ridge Pkwy, 75052 | 4,408 | 2011 |
2950 W Camp Wisdom Rd | 2950 W Camp Wisdom Rd, 75052 | 2,841 | 2009 |
Lake Ridge Medical Office Building | 4927 Lake Ridge Parkway, 75052 | 36,061 | 2005 |
2217 W Jefferson St | 2217 W Jefferson St, 75051 | 28,316 | 2000 |
2895 113th St | 2895 113th St, 75050 | 103,658 | 1988 |
One Paddock Place | 2214 Paddock Way, 75050 | 71,677 | 1987 |
Plaza On The Parkway | 545 West Pioneer Pkwy, 75051 | 60,140 | 1986 |
2505 North State Highway 360 | 2505 North State Highway 360, 75050 | 119,424 | 1985 |
Tower 360 | 1901 North State Highway 360, 75050 | 98,928 | 1984 |
Worth noting among recent office completions on the Grand Prairie market is Cubework Grand Prairie, which is currently the largest new office development in the city, at 344,400 square feet.
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. 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.