Dallas–Fort Worth is one of the fastest-growing commercial real estate markets in the United States, with approximately 170 million square feet of office and industrial inventory. The market has seen significant corporate headquarters relocations from higher-cost states, driving demand for large-block Class A office space and big-box industrial. The Frisco, Plano, and Legacy corridor submarkets are especially active.
Commercial Space
170M sq ft
Avg Office Rent
$28–$48/sq ft
Vacancy Rate
25%
Avg Lease Term
5–15 years
Market figures are directional planning estimates and may vary by submarket, property class, building condition, and lease structure.
DFW office leases in Uptown Dallas and Legacy West favor FSG or Modified Gross. Suburban office is predominantly NNN. Industrial across North Texas is NNN with institutionally negotiated CAM structures. The market's growth has compressed concession packages somewhat, but TI allowances remain significant for large tenants. Texas has no income tax, making total occupancy cost calculations straightforward.
Texas Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Texas→
DFW has seen an influx of large corporate HQ relocations, resulting in complex build-to-suit leases with unusual TI structures, rent abatement schedules, and extension options. These multi-hundred-page leases benefit most from AI abstraction.
A NNN lease quotes base rent, but your actual monthly payment is typically 25–40% higher. Learn to calculate total occupancy cost - base rent + CAM + taxes + insurance - with worked examples.
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
The five main types of commercial leases - NNN, gross, modified gross, percentage, and ground - have very different cost structures and risk profiles. Here's how each works.
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