The typical asking rate per listing is in the $30's per square foot per year. The Downtown Fort Worth submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Fort Worth region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 21% of the office spaces in the Downtown Fort Worth are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,252 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1975 and are Class A.
This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Downtown Fort Worth occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.