The typical asking rate per listing is in the $30's per square foot per year. The Parkway submarket is going through a an increase in rates. In the last 3 months, the median rate went up $32 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Parkway submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Parkway are subleases, so you might be able to snag a great spot on a short term. 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 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Parkway residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.