On average, listings lease in the $30's per square foot per year. The Addison submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Addison submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 645 listings have been posted online, so you'll want to check back regularly for new listings. About 21% of the listings in the Addison are subleases, so you might be able to snag a great spot on a short term. 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 740 sqft. Most buildings in this market are close to 4 floors. Most buildings in this area were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Addison.
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