On average, listings lease in the $20's per square foot per year. The Allen region is experiencing a decline in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 44% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Allen submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 166 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Allen are subleases, so you will probably have to consider a longer term 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 1,440 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Allen.
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