On average, listings lease in the $20's per square foot per year. The Quorum submarket is going through a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Quorum submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 42% of the available leases in the Quorum are subleases, so you might be able to snag a great spot on a short term. 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 2,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 7 stories. Most buildings in this area were built in 1985 and are Class B.
Health care is the dominant industry in this market. Most of the occupants of Quorum work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.