The typical asking rate per listing is in the $40's per square foot per year. The Victory Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the DFW Metroplex market, the Victory Park submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 23,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 7 floors. Most buildings in this market were built in 2006 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of Victory Park work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.