Welcome to the brave New World of commercial property for rent in the Fort Worth area. If 2020 and 2021 have taught us anything of value, it is this: the future is uncertain, it is very hard to predict, and it calls for some very careful considerations before finalizing a commercial property for lease deal.
This article should help clarify some of the murky waters ahead. We are RDS Real Estate, one of the leading commercial real estate companies in the Fort Worth area, and we are standing by to help you. Call us at 817-439-3224 for more information after you read this article.
The Fort Worth commercial landscape is shifting
This change in the Fort Worth commercial property lease landscape has been happening prior to the pandemic. The economic hub of Fort Worth is shifting away from downtown. Commercial and industrial property for rent in the downtown corridor is too pricey, essentially shutting out small businesses.
In fact, the fastest-growing commercial and industrial area in Tarrant County is the Alliance Area, found in North Fort Worth. There you will find unprecedented growth, business and residential, and there you will find prices more in line with downtown prices of ten years ago. How long those lower prices will last is anyone’s guess, but for now it is the “In Place” for businesses.
Where have all the people gone?
Where have they gone? They have gone where the prices are still within reach. They are heading for the suburbs in record numbers, and retail businesses are following them there. With an excellent infrastructure of road and freeways, living ten miles from downtown Fort Worth is simply not a factor worth considering when looking for quality, reasonably-priced commercial space for lease.
Essential, essentials, essentials
Essential businesses are practically recession-proof. Mind you, we did not say always recession-proof, but if the recession of 2008 and the pandemic of 2020/2021 has taught us anything, it is this business truth. If you are in the “essentials” business, if you are selling a product which people “need,” your chances of surviving in business rise exponentially.
Small businesses can still thrive
We have seen this truth time and time again. Small businesses often have an easier time surviving tough economic times than the larger businesses do. Their overhead is lower. They need less space. Oftentimes they can be run with a skeleton crew until times improve.
During the pandemic we actually saw an increase in home-based businesses. Many of those businesses have thrived, and many of them are emerging from the pandemic in need of brick and mortar commercial property.
A word about RDS Real Estate
We are locally owned and operated. We would like to draw your attention to the Alliance Area and in particular to the Fort Worth Design District, over forty acres of prime commercial and industrial property for lease. There you will find Box Office Warehouse Suites, with properties starting at $875 per month. There you will find Paddock Place Office Suites, and there you will find the Golden Triangle Business Park.
That is the face of the future of Fort Worth business, the Fort Worth Design District, and we would love to give you a tour. Call us today if you want to rent commercial property, and catch a glimpse of the future of Fort Worth business.