On average, listings lease in the $40's per square foot per year. The Uptown submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $45 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Uptown submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 36 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Uptown are subleases, so you might be able to find a shorter term or below market rent. 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 4,140 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 9 stories. Most buildings in this region were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Uptown folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.