The typical asking rate per listing is in the $20's per square foot per year. The Royal Port Centre region is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the DFW Metroplex market, the Royal Port Centre region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 22 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 41% of the office spaces in the Royal Port Centre are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 570 sqft. Most properties in this market are approximately 2 stories.
Public administration is the dominant industry in this market. Most of the folk of Royal Port Centre work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.