Grapevine is the type of community that every robust economy needs. While not the largest of DFW towns, Grapevine’s centralized location gives businesses and employees an appealing combination of convenience, growth, and atmosphere that truly sets it apart from much of the Metroplex.
TenantBase wants to lend you our insights into Grapevine and the many benefits it offers your organization and workers. Use these facts on the local market to guide your search for commercial space in Grapevine that fits your specific needs and expectations well. The ideal space in this appealing area of DFW can provide your business with a distinct advantage for years to come.
Office Space in Grapevine
The commercial space in Grapevine is generally segmented by its location within the city. While its western boundary features office space that's focused on the medical industry, its southern border is primarily industrial given its proximity to DFW Airport. Grapevine’s largest employers match that segmentation with much of the workforce concentrated within the airport facilities, tourism-based organizations, and the medical industry.
The bulk of Grapevine’s commercial real estate features Class A, Class B, and warehouse space with a substantial amount of retail inventory found throughout the area. Industrial space averages 20,000 sq ft with rents of roughly $8 to $10/sq ft plus nets between $3 and $4/sq ft. Traditional office space in Grapevine is similar to surrounding cities with sizes averaging 2,500 sq ft and rents between $20 and roughly $25/sq ft plus nets around $8 to $10/sq ft.
With the exception of Downtown Grapevine, most tenants won't find any parking issues within the city. Significant expansion and redevelopment is occurring across Grapevine that will only further its appeal as a destination through family-oriented projects and attractive mixed-use developments. Great Wolf Lodge is currently in the midst of an $11 million renovation and an 11-acre mixed-use project will soon break ground directly across from the popular Grapevine Station complex.
Working in Grapevine
A relatively easy commute is a major draw for local talent into Grapevine businesses. Its central location makes the town accessible from most areas of the Metroplex and few places have easier access to DFW International. The TEXRail commuter train running from Fort Worth to the airport is especially appealing as it provides an effective alternative to the typical morning commute. The Grapevine Main Station will combine commuting convenience with retail, dining, and lodging options upon completion to only further enhance its attractiveness to local talent.
Grapevine also features several shopping centers and a variety of restaurants. It's extensive outdoor trail system around Grapevine Lake, golf courses, and family-friendly destinations like Great Wolf Lodge, Sealife Aquarium, and the Legoland Discovery Center give the town a well-rounded appeal. Those amenities combine with several nearby residential areas to create an attractive work/life balance that is so important to the modern workforce. TenantBase can help you in your search for office space in this important financial hub and transform your Grapevine business address into a lasting competitive edge.