The typical asking rate per listing is in the $20's per square foot per year. The The Centre submarket is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the DFW Metroplex market, the The Centre submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 100 listings have been made available, so you'll want to check back regularly for new listings. About 58% of the office spaces in the The Centre 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 760 sqft. Most buildings in this region are close to 11 stories. Most buildings in this area were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst The Centre folk. Commuting around 20 minutes 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 The Centre.
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