The Centre Retail

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The Centre

Office Space Market Report

Number of Listings (last 90 days)
141
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
940
As of: August 19, 2017

The Centre Rates

Most listings are in the $20's per square foot per year. The The Centre region is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the DFW Metroplex market, the The Centre region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

The Centre Listing Supply

In the last 90 days, 141 listings have been listed, so you'll want to check back regularly for new listings. About 59% of the available space in the The Centre are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 940 sqft. Most properties in this area are approximately 11 floors. Most buildings in this region were built in 1999 and are Class A.

The Centre Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst The Centre residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in The Centre.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Centre.
Research

Farmers Branch Submarkets