Most listings are in the $20's per square foot per year. The Uptown region is seeing a decrease in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the DFW Metroplex market, the Uptown submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 36 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Uptown 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 9 stories. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Uptown residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.