On average, listings lease in the $10's per square foot per year. The Lake Highlands region is seeing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the DFW Metroplex market, the Lake Highlands region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 271 listings have come on the market, so you'll want to check back regularly for new listings. About 87% of the office spaces in the Lake Highlands are subleases, so you might be able to find a shorter term or below market rent. 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 710 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Lake Highlands folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.