On average, listings lease in the $40's per square foot per year. The Uptown submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the DFW Metroplex market, the Uptown 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, 262 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the listings in the Uptown are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 8 floors. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Uptown occupants. Commuting around 30 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 Uptown.
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