On average, listings lease in the $10's per square foot per year. The Lake Highlands region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the DFW Metroplex market, the Lake Highlands region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 108 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the listings in the Lake Highlands are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 530 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lake Highlands occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.