Richardson Sublease

Richardson

Office Space Market Report

Number of Listings (last 90 days)
100
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,630
As of: February 24, 2017

Richardson Rates

On average, listings lease in the $10's per square foot per year. The Richardson submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Richardson region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Richardson Listing Supply

In the last 90 days, 100 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the listings in the Richardson are subleases, so you will probably have to consider a longer term lease. 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 2,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richardson.
Research