On average, listings lease in the $30's per square foot per year. The Downtown Fort Worth region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Fort Worth submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Downtown Fort Worth are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 8,480 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1975 and are Class A.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Downtown Fort Worth residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.