The typical asking rate per listing is in the $30's per square foot per year. The Downtown Fort Worth region is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Fort Worth submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 31 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the office spaces in the Downtown Fort Worth 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 5,240 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1974 and are Class B.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Downtown Fort Worth residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.