Most listings are in the $40's per square foot per year. The Victory Park submarket is going through a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 59% rise in rent.
Compared to the rest of the DFW Metroplex market, the Victory Park submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 20 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Victory Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 28,340 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 7 floors. Most buildings in this area were built in 2006 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Victory Park work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.