The typical asking rate per listing is in the $10's per square foot per year. The Northwest Dallas submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the DFW Metroplex market, the Northwest Dallas submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1577 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the available leases in the Northwest Dallas are subleases, so you might be able to snag a great spot on a short term. 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 1,210 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Northwest Dallas residents. 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 Northwest Dallas.
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