The typical asking rate per listing is in the $10's per square foot per year. The Hillcrest Forest submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the DFW Metroplex market, the Hillcrest Forest submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 19 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available space in the Hillcrest Forest are subleases, so you might be able to snag a great spot on a short term. 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 18,570 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 10 floors. Most buildings in this region were built in 1981 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hillcrest Forest occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.