On average, listings lease in the $30's per square foot per year. The West End Historic District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the DFW Metroplex market, the West End Historic District submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,510 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this region were built in 1905 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West End Historic District folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.