The typical asking rate per listing is in the $10's per square foot per year. The Waters Ridge submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Waters Ridge region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 24,390 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 2000 and are Class B.
Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Waters Ridge folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.