Most listings are in the $20's per square foot per year. The Lake Highlands submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the DFW Metroplex market, the Lake Highlands submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 642 listings have been listed, so you'll want to check back regularly for new listings. About 36% of the available leases in the Lake Highlands are subleases, so you might be able to find a shorter term or below market rent. 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 710 sqft. Most properties in this area are close to 2 stories. Most buildings in this market 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. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lake Highlands occupants. 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 Lake Highlands.
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