Ridglea North Retail

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Ridglea North

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
8,480
As of: July 25, 2017

Ridglea North Rates

On average, listings lease in the $20's per square foot per year. The Ridglea North submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Ridglea North submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Ridglea North Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Ridglea North 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 available, so finding a space for a small business might be tough.

Even though the median size is 8,480 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1973 and are Class B.

Ridglea North Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Ridglea North occupants. Commuting more than an hour and a half 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 Ridglea North.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ridglea North.
Research