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)
430
As of: May 21, 2017

The Centre Rates

Most listings are in the $20's per square foot per year. The The Centre region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the DFW Metroplex market, the The Centre submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

The Centre Listing Supply

In the last 90 days, 141 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the listings in the The Centre are subleases, so you will probably have to consider a longer term 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 430 sqft. Most buildings in this region are approximately 11 stories. Most buildings in this market 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 folk. Commuting close to 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