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As one of the premier locations within the DFW region, the area surrounding Preston Center Plaza is synonymous with high-end retail fronts, residential and commercial real estate companies, and several law firms. Rents are amongst the highest in all of Dallas, ranging between $30 and $45 per SF, the top end of the scale being Class A space comparable to price points found throughout Uptown. While the Preston Center skews towards the upper end of the price and prestige scale, it still offers a wide variety of office space sizes, making it attractive for several different types of companies that are looking for a premier location and don’t mind the higher prices. High foot traffic is a particularly appealing benefit for retailers as many shoppers prefer to park their car in one of the many large lots around Preston Center and stroll through the shops, restaurants, and entertainment options within the area.
Given the many restaurants and retail fronts in the area, employees will always have shopping and eating opportunities during lunch or after office hours. An extremely walkable environment also means employees won’t have to move their car to eat or shop, able to walk around Preston Center and still have time to get back to the office.Sitting between Preston Hollow and University Park, some of the most affluent neighborhoods in DFW are just a short distance away from Preston Center. With Northwest Highway, the Dallas North Tollway, and Central Expressway either crossing through the area or skirting it, many other neighborhoods are still convenient to Preston Center at far more attractive property prices. For singles or couples wanting to live close to work, several high-end condominium complexes are being built in place of older buildings, giving professionals a convenient option near Preston Center’s many law firms and real estate agencies.
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Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Addison | 2,200 | $1.75 / SF | 285 |
Bishop Arts District | 16,000 | $0.68 / SF | < 30 |
Carrollton | 2,300 | $1.67 / SF | 535 |
Casa Linda | 2,400 | $3.14 / SF | 41 |
Casa View | 3,300 | $3.14 / SF | 32 |
Central Expressway | 2,100 | $2.23 / SF | 465 |
Deep Ellum | 600 | $2.70 / SF | < 30 |
Downtown | 2,500 | $1.88 / SF | 733 |
East LBJ | 1,600 | $1.88 / SF | 765 |
Fair Park | - | - | < 30 |
Far North Dallas | 2,000 | $1.94 / SF | 266 |
Farmers Branch | 1,400 | $2.10 / SF | 573 |
Frisco | 1,600 | $2.76 / SF | 222 |
Garland | 1,500 | $1.35 / SF | 239 |
Highland Park | 1,000 | $3.81 / SF | < 30 |
Irving | 2,700 | $1.72 / SF | 742 |
Lake Highlands | 900 | $1.17 / SF | 384 |
Las Colinas | 2,800 | $1.79 / SF | 546 |
McKinney | 1,700 | $2.27 / SF | 164 |
Mesquite | 1,700 | $1.38 / SF | 116 |
North Dallas | 1,900 | $1.79 / SF | 395 |
Northwest Dallas | 1,300 | $1.58 / SF | 445 |
Oak Cliff | 1,800 | $2.87 / SF | 77 |
Oak Lawn | 2,200 | $3.17 / SF | 309 |
Plano | 2,000 | $2.37 / SF | 669 |
Preston Center | 1,100 | $3.52 / SF | 140 |
Preston Hollow | 1,800 | $1.50 / SF | < 30 |
Redbird | 2,200 | $1.63 / SF | < 30 |
Richardson | 2,300 | $1.53 / SF | 364 |
Rockwall | 2,700 | $2.53 / SF | < 30 |
South Dallas | - | - | < 30 |
Stemmons | 2,700 | $1.72 / SF | 742 |
Trinity Groves | 1,700 | $4.08 / SF | < 30 |
University Park | 1,100 | $3.59 / SF | 133 |
Uptown | 2,500 | $3.22 / SF | 251 |
West LBJ | 1,700 | $1.62 / SF | 1,329 |