On average, listings lease in the $20's per square foot per year. The Merriman Park-University Manor submarket is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the DFW Metroplex market, the Merriman Park-University Manor region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means spaces most likley are 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,420 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Merriman Park-University Manor residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.