On average, listings lease in the $20's per square foot per year. The Hillcrest Forest region is experiencing a a rise in rates. In the last 3 months, the median rate went up $28 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Hillcrest Forest region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 19 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 53% of the listings in the Hillcrest Forest are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,140 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 10 floors. Most buildings in this market were built in 1981 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hillcrest Forest residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.