On average, listings lease in the $20's per square foot per year. The Vickery region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Vickery region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 24 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 121% of the available space in the Vickery 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 6 stories. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Vickery residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.