On average, listings lease in the $20's per square foot per year. The Allen submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 23% increase in rent.
Compared to the rest of the DFW Metroplex market, the Allen region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 166 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Allen are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Allen.
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