On average, listings lease in the $20's per square foot per year. The North Central Dallas submarket is going through a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the DFW Metroplex market, the North Central Dallas submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2426 listings have been posted online, so you'll want to check back regularly for new listings. About 18% of the available leases in the North Central 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 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 1,670 sqft. Most properties in this market are around 3 floors. Most buildings in this area 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. Agriculture is the dominant industry in this market. Most of the residents of North Central Dallas work from home. Commuting approximately 10 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 North Central Dallas.
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