The typical asking rate per listing is in the $20's per square foot per year. The Northrich submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the DFW Metroplex market, the Northrich region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 7 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 2,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1979 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Northrich folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.