On average, listings lease in the $30's per square foot per year. The Oak Lawn submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the DFW Metroplex market, the Oak Lawn region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 77 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available space in the Oak Lawn 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,900 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 9 stories. Most buildings in this area were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Oak Lawn residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.