Richardson Retail

Richardson

Office Space Market Report

Number of Listings (last 90 days)
99
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,060
As of: May 20, 2017

Richardson Rates

The typical asking rate per listing is in the $20's per square foot per year. The Richardson region is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the DFW Metroplex market, the Richardson region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Richardson Listing Supply

In the last 90 days, 99 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Richardson are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,060 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 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