An innovative, creative spirit embodies the Dallas neighborhood of Addison driving the local economy towards a remarkable financial future. It is home to a variety of forward-looking companies and industries making the neighborhood an appealing choice for organizations trying to stay on the cutting-edge of innovation while providing a satisfying work experience for their team.
As your Dallas CRE experts, TenantBase can provide you with the insight and experience necessary to find the ideal space in Addison. We've prepared a summary of the city’s office space, what to expect during your search and the unique qualities that make it so effective in attracting talent.
Office Space in Addison
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.
Working in Addison
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.
Freeways are easily accessible from Addison. Although the LBJ and I-35E are both close to the southern and western boundaries of the city, respectively, the Dallas North Tollway and George Bush Turnpike are the best solutions around rush hour traffic. An investment in an NTTA TollTag allows commuters to save quite a bit of money, time, and frustration by skipping most of the congestion when getting to and from work.
Restaurant Row on Belt Line Rd. is popular amongst Addison workers for its seemingly endless varieties of dining options, convenient for both lunch and an after-work get-together. Comedy clubs, bowling alleys, bars, and movie theaters are all easily found either in or near Addison, only further enhancing its appeal to talent. The town also features many different parks, all giving workers a quick and easy way to take a deep breath and enjoy a bit of nature to recharge the batteries. 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.
There’s a reason why Addison continues to be a sought-after address for many Dallas businesses. Between its abundance of flexible, traditional, and higher-end space, many amenities, and commuting options, Addison is a city that both an employer and employee can enjoy. Let TenantBase find the office space in Addison that suits your needs best, making your new business home a powerful tool to propel your company towards a prosperous future.