The typical asking rate per listing is in the $20's per square foot per year. The Fairmount region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the DFW Metroplex market, the Fairmount submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,850 sqft. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Fairmount residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.