Richardson Industrial

Richardson

Office Space Market Report

Number of Listings (last 90 days)
90
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,630
As of: February 21, 2017

Richardson Rates

The typical asking rate per listing is in the $20's per square foot per year. The Richardson region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Richardson submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Richardson Listing Supply

In the last 90 days, 93 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the listings in the Richardson are subleases, so you will probably have to focus your search on direct office leases. 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 2,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richardson.
Research