On average, listings lease in the $10's per square foot per year. The Waters Ridge submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $157 per sqft per year. That's a 90% decline in rent.
Compared to the rest of the DFW Metroplex market, the Waters Ridge submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,770 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 2000 and are Class B.
Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Waters Ridge residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.