Most listings are in the $30's per square foot per year. The Preston Square submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Preston Square submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 27 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the listings in the Preston Square are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,300 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 16 floors. Most buildings in this market were built in 1983 and are Class A.
Health care is the dominant industry in this region. 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.