On average, listings lease in the $40's per square foot per year. The Uptown submarket is going through a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the DFW Metroplex market, the Uptown region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 36 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 39% of the available space in the Uptown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,750 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 8 stories. Most buildings in this region 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 market. Commute by car is the most popular way to get to work amongst Uptown residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.