The typical asking rate per listing is in the $10's per square foot per year. The Richardson submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the DFW Metroplex market, the Richardson region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 743 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available leases in the Richardson are subleases, so you might be able to sign a shorter term by taking over a previous 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 1,870 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Richardson.
Get email notifications when new listings are posted that match your requirements.