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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Richland Hills region is going through a decrease in rates. In the last 3 months, the median rate for lease decreased $9 per sqft per year.
Compared to the rest of the DFW Metroplex commercial real estate market, the Richland Hills submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 180 days, 25 commercial real estate listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the commercial real estate listings in the Richland Hills are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 300 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built around 1963 and are Class B.
Real time and historical data on commercial real estate listings in Richland Hills.
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