Grand Prairie Office Space

Grand Prairie

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,200
As of: August 20, 2017

Grand Prairie Rates

The typical asking rate per listing is in the $20's per square foot per year. The Grand Prairie submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 16% decline in rent.

Compared to the rest of the DFW Metroplex market, the Grand Prairie region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Grand Prairie Listing Supply

In the last 90 days, 32 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 44% of the listings in the Grand Prairie are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 1985 and are Class B.

Grand Prairie Community

Market Report

Trends and status of the commercial real estate market in Grand Prairie.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grand Prairie.
Research

Grand Prairie Submarkets