The typical asking rate per listing is in the $20's per square foot per year. The Northeast Dallas submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the DFW Metroplex market, the Northeast Dallas region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1278 listings have been listed, so you'll want to check back regularly for new listings. About 26% of the available space in the Northeast Dallas 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 780 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this area were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Northeast Dallas residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northeast Dallas.
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