Most listings are in the $20's per square foot per year. The Victory Park region is seeing a decrease in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 44% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Victory Park submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 9 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 22% of the office spaces in the Victory Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,080 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 7 stories. Most buildings in this market were built in 2006 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents 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.