RANDCO Sublease

RANDCO

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,380
As of: August 20, 2017

RANDCO Rates

On average, listings lease in the $20's per square foot per year. The RANDCO submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the DFW Metroplex market, the RANDCO submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

RANDCO Listing Supply

In the last 90 days, 49 listings have come on the market, so you'll want to check back regularly for new listings. About 122% of the office spaces in the RANDCO 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 1,380 sqft. Most properties in this region are around 11 floors. Most buildings in this area were built in 1983 and are Class B.

RANDCO Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst RANDCO occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in RANDCO.
Market Report

Market Data

Real time and historical data on commercial real estate listings in RANDCO.
Research