Most listings are in the $20's per square foot per year. The Royal Business Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the DFW Metroplex market, the Royal Business Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Royal Business Park are subleases, so you might be able to find a shorter term or below market rent. 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 38,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1985 and are Class B.
Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Royal Business Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.