On average, listings lease in the $30's per square foot per year. The Downtown Fort Worth region is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Fort Worth region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 14 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available leases in the Downtown Fort Worth are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,252 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1975 and are Class A.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. 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.