Most listings are in the $30's per square foot per year. The Addison region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the DFW Metroplex market, the Addison 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, 645 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the office spaces in the Addison are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 540 sqft. Most buildings in this region are around 5 floors. Most buildings in this region were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Addison.
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