On average, listings lease in the $30's per square foot per year. The Central Dallas region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the DFW Metroplex market, the Central Dallas submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 275 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the Central Dallas 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 3,090 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 11 stories. Most buildings in this area were built in 1980 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.