Most listings are in the $20's per square foot per year. The Hillcrest Forest region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the DFW Metroplex market, the Hillcrest Forest region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 66 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Hillcrest Forest 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,656 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 11 stories. Most buildings in this market were built in 1981 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Hillcrest Forest occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.