On average, listings lease in the $20's per square foot per year. The Pinyon Tree Apartment submarket is going through a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 58% increase in rent.
Compared to the rest of the DFW Metroplex market, the Pinyon Tree Apartment region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 26 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 250 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Pinyon Tree Apartment occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.