On average, listings lease in the $30's per square foot per year. The Addison submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Addison submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 645 listings have been made available, so you'll want to check back regularly for new listings. About 21% of the office spaces in the Addison 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 600 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Addison.
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