Richardson Retail

Richardson

Office Space Market Report

Number of Listings (last 90 days)
100
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,630
As of: February 27, 2017

Richardson Rates

On average, listings lease in the $10's per square foot per year. The Richardson region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Richardson submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Richardson Listing Supply

In the last 90 days, 100 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Richardson are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,630 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

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