The typical asking rate per listing is in the $30's per square foot per year. The Craig Ranch submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Craig Ranch region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 18 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Craig Ranch are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,430 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Craig Ranch residents. Commuting between 30 and 45 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 Craig Ranch.
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