On average, listings lease in the $30's per square foot per year. The West End Historic District submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 26% increase in rent.
Compared to the rest of the DFW Metroplex market, the West End Historic District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the West End Historic District 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 5,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this region were built in 1905 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West End Historic District occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.