On average, listings lease in the $10's per square foot per year. The Las Colinas Business Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas Business Park submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 69 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the listings in the Las Colinas Business Park are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,850 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1998 and are Class B.
Public administration is the dominant industry in this region. Most of the residents of Las Colinas Business Park work from home. Commuting more than an hour and a half 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 Las Colinas Business Park.
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