The typical asking rate per listing is in the $40's per square foot per year. The Preston Square region is going through a a boost in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the DFW Metroplex market, the Preston Square region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 29 listings have been listed, which means leases are probably 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 posted, so finding a space for a small business might be tough.
Even though the median size is 8,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 16 floors. Most buildings in this area were built in 1984 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Preston Square residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.