The typical asking rate per listing is in the $20's per square foot per year. The Central Dallas submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 44% rise in rent.
Compared to the rest of the DFW Metroplex market, the Central Dallas region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 259 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the Central Dallas are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,410 sqft. Most buildings in this market are around 11 stories. Most buildings in this market were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Dallas folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.