Most listings are in the $30's per square foot per year. The Oak Lawn submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decrease 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 region.
In the last 90 days, 78 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Oak Lawn are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,240 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 9 stories. Most buildings in this market 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.