On average, listings lease in the $30's per square foot per year. The Murphy submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $35 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the DFW Metroplex market, the Murphy region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 600 sqft. Most buildings in this market were built in 2016 and are Class A.