Most listings are in the $20's per square foot per year. The Ridglea North submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the DFW Metroplex market, the Ridglea North submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 21 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Ridglea North 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 measurement for office space in this area is around 260 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1973 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 region. Commute by public transit is the most popular way to get to work amongst Ridglea North 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 Ridglea North.
Get email notifications when new listings are posted that match your requirements.