The typical asking rate per listing is in the $20's per square foot per year. The Quorum region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the DFW Metroplex market, the Quorum region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,680 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 7 stories. Most buildings in this area were built in 1985 and are Class B.
Health care is the dominant industry in this market. Most of the occupants of Quorum work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.