The typical asking rate per listing is in the $20's per square foot per year. The Las Colinas region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 804 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Las Colinas 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.
Even though the median size is 2,610 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Las Colinas folk. Commuting close to 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 Las Colinas.
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