On average, listings lease in the $20's per square foot per year. The The Centre region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the DFW Metroplex market, the The Centre region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 141 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings in the The Centre are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 430 sqft. Most buildings in this region are approximately 11 floors. Most buildings in this market were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst The Centre residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.