On average, listings lease in the $20's per square foot per year. The Pinyon Tree Apartment region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the DFW Metroplex market, the Pinyon Tree Apartment submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 26 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 92% of the office spaces in the Pinyon Tree Apartment are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 250 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area 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. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Pinyon Tree Apartment folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.