Highlights
- The average rent for office space in Grapevine is $23.75 per square foot, 9.02% higher compared to the previous year.
- The market’s vacancy rate stands at 17.14%, lower than the state average of Texas, which is 17.16%.
- 41,790 square feet is currently under construction.
2025 Office Space Rent & Sales
- $23.75 2025 Avg. Asking Rent
- 9.02% Y-o-Y Avg. Asking Rent Change
- 17.14% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Grapevine?
Average asking rents for office space here stand at $23.75 per square foot. The local office market recorded an average vacancy rate of 17.14% in 2025, unchanged from 17.14% in 2024.
Grapevine, TX Office Asking Rents by Class
What is the average office rent per square foot by property class in TX?
- Avg. Asking Rent Class A & A+$39.66
- Avg. Asking Rent Class B$24.95
- Avg. Asking Rent Class C$20.18
For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.
Grapevine, TX Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Westlake | $34.29 | 21.09% |
| East Fort Worth | $23.16 | 26.26% |
| Lewisville | $20.72 | 19.39% |
Office Construction in Grapevine, TX
- Grapevine, TX Total SF under construction in 2026 41,790
What are the largest recent office completions in Grapevine?
The largest recent office completion here is 1900 Enchanted Way at 29,720 square feet, completed in 2007. The next largest completions are 1920 Enchanted Way and 4550 SH 360.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 414 N Main Street | 414 N Main Street, 76051 | 6,000 | 2015 |
| 4550 SH 360 | 4550 SH 360, 76057 | 21,230 | 2008 |
| 1900 Enchanted Way | 1900 Enchanted Way, 76051 | 29,720 | 2007 |
| 1920 Enchanted Way | 1920 Enchanted Way, 76051 | 21,925 | 2007 |
| 2563 SW Grapevine Pkwy | 2563 SW Grapevine Pkwy, 76051 | 7,300 | 2006 |
| 2200 Pool Road | 2200 Pool Road, 76051 | 15,605 | 2005 |
| 2250 Pool Rd | 2250 Pool Rd, 76051 | 8,013 | 2005 |
| 2250 Pool Rd | 2250 Pool Rd, 76051 | 7,330 | 2005 |
| 130 Central Ave | 130 Central Ave, 76051 | 3,300 | 2005 |
| 4821-4851 Merlot Ave | 4851 Merlot Ave, 76051 | 3,404 | 2004 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.