On average, listings lease in the $10's per square foot per year. The Richardson region is going through a decrease 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 submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 743 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Richardson are subleases, so you will probably have to consider a longer term 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 1,680 sqft. Most buildings in this region are close to 2 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 Richardson.
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