The typical asking rate per listing is in the $20's per square foot per year. The Merriman Park-University Manor region is seeing a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Merriman Park-University Manor submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Merriman Park-University Manor 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,220 sqft. Most properties in this market are around 6 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Merriman Park-University Manor residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.