Most listings are in the $10's per square foot per year. The Main Street District region is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 28% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Main Street District region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available leases in the Main Street District 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.
Even though the median size is 8,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 33 stories. Most buildings in this region were built in 1965 and are Class A.
This region is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Main Street District folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.