The typical asking rate per listing is in the $30's per square foot per year. The Victory Park submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 26% decline in rent.
Compared to the rest of the DFW Metroplex market, the Victory Park submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 23,440 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings 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 area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Victory Park work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.