Ridglea North Commercial Real Estate

Ridglea North

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
260

Ridglea North Rates

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.

Ridglea North Listing Supply

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.

Ridglea North Community

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.

Market Data

Real time and historical data on commercial real estate listings in Ridglea North.
Research