On average, listings lease in the $20's per square foot per year. The North Central Dallas region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the DFW Metroplex market, the North Central Dallas region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2426 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the available leases in the North Central 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region 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. Agriculture is the dominant industry in this area. Most of the residents of North Central Dallas work from home. Commuting approximately 10 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 North Central Dallas.
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