On average, listings lease in the $10's per square foot per year. The Watauga submarket is going through a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the DFW Metroplex market, the Watauga region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1986 and are Class C.