On average, listings lease in the $20's per square foot per year. The Central Dallas region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Central Dallas region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 353 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Central Dallas are subleases, so you will probably have to consider a longer term 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 1,770 sqft. Most buildings in this market are around 11 floors. Most buildings in this region were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central Dallas occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.