The typical asking rate per listing is in the $20's per square foot per year. The DFW Freeport submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the DFW Metroplex market, the DFW Freeport submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 62% of the available leases in the DFW Freeport 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,630 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1998 and are Class B.
Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst DFW Freeport residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.