On average, listings lease in the $10's per square foot per year. The Terrell region is seeing a a rise in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the DFW Metroplex market, the Terrell submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this market were built in 1997 and are Class B.