The typical asking rate per listing is in the $20's per square foot per year. The Flower Mound submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Flower Mound submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 70% of the available space in the Flower Mound 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 3,850 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 2004 and are Class B.