The typical asking rate per listing is in the $30's per square foot per year. The Las Colinas Business Park region is experiencing a a boost in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 77% increase in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas Business Park submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 11 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the Las Colinas Business Park are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,120 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 1998 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of Las Colinas Business Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.