Companies gravitating towards Addison typically fall within the creative, technological, or professional sectors of the economy. Creative services like marketing, architecture, and media production, along with SaaS, IT, and a variety of other startups and tech-oriented businesses are also common in the neighborhood. An assortment of aviation companies and back office locations for professional firms also call Addison home, making it an appealing mix of knowledge and vision-driven enterprises. Addison offers traditional Class A and B space, executive suites, and both mid and high rise complexes to cater to the professional companies that favor an Addison address. Creative office space is also available and tenants will find plenty of collaborative, open layouts for lease.
The majority of the commercial space is well-suited for small to mid-sized companies, typically falling within the 500 - 10,000 SF range. Full-service Class A space averages $32.50 SF and Class B $22.50 SF, meaning Addison falls just above the median for commercial price points found throughout the Metroplex. Tenants usually receive free unreserved parking with their lease, a beneficial perk for attracting commuting talent. While the majority of the Addison workforce might still be reliant on their cars to commute to work, the city is one of the most bike-friendly in the entire Metroplex and is also popular with those that prefer to use Lyft or Uber. Several DART bus lines serve the city. The imminent funding of the Cotton Commuter Rail to DFW International in 2022 makes Addison an ideal neighborhood for a longer lease. The popular Addison Circle is a multi-use development that seamlessly integrates the best of all these amenities, combining several types of residential housing with even more commercial space, retail, and dining options for a truly cohesive experience.
TenantBase is a technology enabled office space brokerage built specifically for tenants. We make the commercial office space search and lease process easier by combining our unique technology with experienced local commercial real estate advisors.