On average, listings lease in the $20's per square foot per year. The Downtown Dallas submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Dallas region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 165 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the Downtown 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 27 stories. Most buildings in this area were built in 1965 and are Class A.
Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Dallas residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.