On average, listings lease in the $20's per square foot per year. The Allen submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the DFW Metroplex market, the Allen region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 19 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 21% of the available leases in the Allen 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,640 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 2005 and are Class A.