2024 Office Space Rent & Sales
- $21.79 2024 Avg. Asking Rent
- -4.75% Y-o-Y Avg. Asking Rent Change
- 18.75% 2024 Office Vacancy Rate
Grapevine office price per square foot in 2024 was $21.79 on average. This marked a -4.75% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.75% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
Grapevine, TX Office Asking Rents by Class
2024 Office Vacancy Rates in Grapevine
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Westlake | $36.33 | 27.52% |
Lewisville | $22.96 | 23.94% |
East Fort Worth | $21.12 | 35.67% |
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
- Salt Lake City Coworking Space
- Plano Coworking Space
- Scottsdale Coworking Space
- Fort Worth Coworking Space
- Kansas City Coworking Space
- New Orleans Coworking Space
- St. Louis Coworking Space
- Colorado Springs Coworking Space
- Omaha Coworking Space
- Tulsa Coworking Space
- Boulder Coworking Space
- Memphis Coworking Space
- Tucson Coworking Space
- Chattanooga Coworking Space
2024 Office Construction in Grapevine, TX
- Grapevine, TX Total SF under construction in 2025 43,348
Office building | Address | SF | Completed |
---|---|---|---|
1900 Enchanted Way | 1900 Enchanted Way, 76051 | 24,595 | 2011 |
Clearview II | 1631 Lancaster Dr., 76051 | 83,000 | 2009 |
1301 Municipal Way | 1301 Municipal Way, 76051 | 30,480 | 2008 |
1026 TEXAN TRL | 1026 TEXAN TRL, 76051 | 22,500 | 2008 |
4550 State Highway 360 | 4550 State Highway 360, 76051 | 21,230 | 2008 |
4201 William D Tate Ave | 4201 William D Tate Ave, 76051 | 64,931 | 2007 |
4201 William D Tate Ave | 4201 William D Tate Ave, 76051 | 64,931 | 2007 |
1920 Enchanted Way | 1920 Enchanted Way, 76051 | 21,925 | 2007 |
2305 Mustang Dr | 2305 Mustang Dr, 76051 | 21,466 | 2007 |
The Offices at Grapevine 360 | 4550 State Highway 360, 76051 | 21,284 | 2007 |
Worth noting among recent office completions on the Grapevine market is 1900 Enchanted Way, which is currently the largest new office development in the city, at 24,595 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Grapevine 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.