The typical asking rate per listing is in the $20's per square foot per year. The Northwest Dallas submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the DFW Metroplex market, the Northwest Dallas submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 305 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings in the Northwest 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.
The standard measurement for office space in this area is around 1,400 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northwest Dallas occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.