On average, listings lease in the $30's per square foot per year. The Las Colinas Business Park region is seeing a an increase in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 56% increase in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas Business Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 29,350 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 1998 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of Las Colinas Business Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.