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Businesses in and around Stemmons come from a variety of different industries. Light industrial-zoned warehouse properties are well-suited for ecommerce businesses, tech users, furniture showrooms, and small to mid-size service companies. These older multi-tenant distribution centers offer excellent value to growing businesses who don’t need the visibility (and added costs) of a retail space. The live-work-play oriented Design District is a popular choice for businesses in need of space suited for design, showroom, and makerspace functions.
Nearly all of the commercial space in Stemmons is traditional Class A, Class B, or industrial and ranges in size from 500 SF to 10,000 SF. Average prices for office space is $26.50 SF for Class A, $25.50 SF for Class B, and less than $12.00 SF for industrial. Most of the traditional space layouts are appropriate for call centers, data centers, and staffing agencies that serve IT, government, and various corporate tenants, particularly in the value-rich Lower Stemmons office market. The commercial office space market in Stemmons is changing rapidly to match surging demand, especially in the West Love mixed-use development area. New projects in the city include the Southwestern Medical District and its 800,000 SF University Hospital project as well as the 865,000 SF expansion of Southwest Airlines’ corporate campus. Continued expansion of the campus will eventually push the project to well over 2 million SF and a 10,000 person workforce.
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|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|Addison||2,200||$1.84 / SF||215|
|Bishop Arts District||-||-||< 30|
|Carrollton||2,100||$1.73 / SF||369|
|Casa Linda||2,400||$2.08 / SF||< 30|
|Casa View||-||-||< 30|
|Central Expressway||2,000||$2.25 / SF||437|
|Deep Ellum||400||$5.40 / SF||< 30|
|Downtown||3,300||$1.65 / SF||599|
|East LBJ||1,400||$1.71 / SF||618|
|Fair Park||-||-||< 30|
|Far North Dallas||2,200||$1.94 / SF||239|
|Farmers Branch||900||$2.19 / SF||546|
|Frisco||1,200||$2.67 / SF||122|
|Garland||1,200||$1.12 / SF||65|
|Highland Park||3,800||$3.83 / SF||< 30|
|Irving||3,000||$1.72 / SF||623|
|Lake Highlands||700||$1.20 / SF||278|
|Las Colinas||3,100||$1.78 / SF||475|
|McKinney||1,400||$2.47 / SF||75|
|Mesquite||1,100||$0.88 / SF||< 30|
|North Dallas||1,700||$1.72 / SF||420|
|Northwest Dallas||900||$1.58 / SF||313|
|Oak Cliff||1,500||$2.94 / SF||52|
|Oak Lawn||2,700||$3.43 / SF||261|
|Plano||2,200||$2.60 / SF||370|
|Preston Center||1,000||$3.75 / SF||114|
|Preston Hollow||2,000||$1.50 / SF||< 30|
|Redbird||1,100||$1.07 / SF||< 30|
|Richardson||2,200||$1.53 / SF||208|
|South Dallas||-||-||< 30|
|Stemmons||3,000||$1.72 / SF||623|
|Trinity Groves||1,700||$4.08 / SF||< 30|
|University Park||1,000||$3.94 / SF||121|
|Uptown||3,000||$3.33 / SF||213|
|West LBJ||1,400||$1.63 / SF||1,249|