Preston Square Office Space

5950 Sherry Lane - Unit 225 Dallas, TX high end office space
Sep 04
3,700
sqft
Sublease Office
Sterling Plaza - 8 Spaces Dallas, TX 8' 6" ceiling height
Apr 19
750 - 5,320
sqft
Office

Preston Square

Market Report

Number of Listings
Posted in the last 90 days
17
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
1,820

Preston Square Rates

On average, listings lease in the $30's per square foot per year. The Preston Square submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the DFW Metroplex market, the Preston Square submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Preston Square Listing Supply

In the last 90 days, 192 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Preston Square are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,820 sqft. Most properties in this area are close to 16 floors. Most buildings in this market were built in 1984 and are Class A.

Preston Square Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Preston Square residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Preston Square.
Research