Five Mile Creek Office Space

Five Mile Creek

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,970
As of: June 23, 2017

Five Mile Creek Rates

The typical asking rate per listing is in the $10's per square foot per year. The Five Mile Creek submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the DFW Metroplex market, the Five Mile Creek submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Five Mile Creek Listing Supply

In the last 90 days, 0 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Five Mile Creek are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,970 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1976.

Five Mile Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Five Mile Creek residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Five Mile Creek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Five Mile Creek.
Research