The typical asking rate per listing is in the $20's per square foot per year. The Royal Port Centre submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Royal Port Centre submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 15 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,010 sqft. Most properties in this area are around 2 stories.
Public administration is the dominant industry in this region. Most of the occupants of Royal Port Centre work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.