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On average, commerial real estate listings lease in the $30's per square foot per year. The Preston Square submarket is going through a a boost in rates. In the last 3 months, the median rate for lease increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the DFW Metroplex commercial real estate market, the Preston Square submarket has greater rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 192 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Preston Square 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.
The standard size for office space in this area is around 1,730 sqft. Most buildings in this area are close to 13 floors. Most buildings in this market were built around 1983 and are Class A.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Preston Square folk. Commuting close to 15 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 Preston Square.
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