On average, listings lease in the $10's per square foot per year. The Main Street District submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Main Street District submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 16 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Main Street District 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 8,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 33 stories. Most buildings in this market were built in 1965 and are Class A.
This market is fairly equally mixed residential and commercial. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Main Street District folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.