Commercial Real Estate in Addison -Offices, Warehouses, and Retail for Lease

Demand for office space in Addison remains steady, especially in the Quorum Drive District and Addison Circle. Class A towers attract corporations, while smaller suites and coworking spaces are popular among startups. The submarket benefits from its central location, excellent dining, and entertainment amenities, making it appealing for both employees and clients. As businesses seek a prestigious North Dallas presence, Addison continues to see consistent office leasing activity.

Yes, Addison is an attractive market for CRE investment due to its strong tenant base, steady demand, and desirable location. Investors benefit from a well-balanced mix of office, retail, and industrial assets. With cap rates between 6%–7.5% and stable occupancy, Addison offers predictable returns. Its vibrant community, corporate presence, and thriving hospitality sector make this submarket particularly appealing for both institutional and private investors seeking long-term growth.

When comparing Addison to other submarkets, office rates typically range from $22–$32 PSF, which is competitive with neighboring Plano but lower than Dallas CBD. Retail rates along Belt Line Road average $25–$35 PSF, higher than some suburban areas due to strong traffic and visibility. Industrial space is moderately priced. Addison delivers excellent value by offering premium locations and amenities at balanced rates compared to other North Dallas markets.

Yes, Addison offers flex and warehouse spaces with dock-high loading, particularly along Midway Road. These facilities are designed for light manufacturing, logistics, and distribution. Many properties provide additional features like wide truck courts and excellent highway connectivity. While Addison’s industrial market is smaller compared to DFW Airport’s, it delivers strategic access to North Dallas businesses seeking efficient and well-located warehouse space with modern functionality and flexible leasing terms.

Retail lease terms in Addison generally range from 3 to 10 years, depending on tenant type and location. Landlords frequently offer tenant improvement allowances to help retailers customize spaces, particularly along Belt Line Road, where competition is high. Shorter leases are available for smaller businesses or restaurants testing the market. Longer agreements are common for established retailers, providing stability in one of North Dallas’s most popular retail corridors.

A triple-net (NNN) lease requires tenants to pay rent plus property taxes, insurance, and maintenance, offering landlords predictable income. In contrast, full-service leases bundle these costs into one payment, simplifying budgeting for tenants. Addison features both structures across office, retail, and industrial properties. Tenants can select based on their financial strategy and operational needs, ensuring leasing terms align with long-term business goals and property-specific market dynamics in Addison.

Closing on a commercial real estate investment in Addison typically takes 60 to 120 days. Timelines depend on financing, due diligence, and property type. Title reviews, inspections, and lease audits often influence closing speed. Investors in Addison benefit from an active market with professional brokers and lenders experienced in efficient transactions. The submarket’s transparency and consistent demand help streamline processes, allowing buyers to move quickly on competitive opportunities.

Yes, it’s possible to lease office space in Addison without a personal guarantee, though approval depends on tenant strength. Larger companies with established credit often secure corporate-only guarantees. Startups or small firms may need to provide deposits, letters of credit, or limited guarantees. Addison landlords work with tenants to structure flexible agreements, and Boxer Property assists in negotiating terms that protect businesses while satisfying landlord requirements.

Tenant improvement allowances in Addison typically range from $25–$40 per square foot for office buildouts, depending on property class and lease length. These allowances cover customization like office layouts, flooring, and infrastructure upgrades. Retail and industrial properties may vary, with retail landlords often supporting tenant branding and design needs. TI allowances in Addison help businesses move into functional, customized spaces, aligning properties with operational requirements and branding strategies.

Yes, Addison’s commercial real estate market is a reliable hedge against inflation in 2025. Rising rents and property values help offset increased costs, providing investors with steady cash flow. Retail and office leases often include escalation clauses tied to inflation, ensuring long-term revenue growth. Combined with consistent tenant demand and Addison’s desirable location, commercial real estate investments here offer both income stability and protection against economic fluctuations.

Commercial lease rates in Addison vary by property type and location. Office space typically ranges from $22–$32 per square foot, with Class A buildings on Quorum Drive commanding higher rents. Retail along Belt Line Road averages $25–$35 per square foot, depending on visibility and traffic. Industrial and flex spaces near Midway Road average $8–$11 per square foot. These competitive rates, combined with prime locations, make Addison attractive to tenants.

Yes, Addison offers opportunities to buy small commercial properties, including office condos, boutique retail spaces, and flex industrial units. These smaller assets appeal to local investors and business owners seeking ownership benefits with manageable costs. Addison’s strong tenant base and desirable location provide consistent occupancy and appreciation potential. Purchasing small properties in Addison allows investors to enter the market strategically while building long-term value in a competitive submarket.

Cap rates in Addison typically fall between 6% and 7.5%, depending on asset class and property condition. Office investments in Quorum Drive average around 6.5%, while retail along Belt Line Road may achieve slightly higher returns. Industrial and flex properties trend in the same range due to steady tenant demand. Investors value Addison for its stable occupancy, strong demographics, and long-term growth, making it a consistent performer in North Dallas.

Yes, Addison provides flexible lease options, including short-term agreements and sublease opportunities. Tenants can find move-in ready office suites, coworking environments, and customizable spaces with negotiable terms. Sublease opportunities are particularly attractive for businesses seeking cost savings or temporary arrangements. Addison landlords often accommodate evolving tenant needs, offering adaptable leases that allow companies to scale. These flexible solutions make Addison a great choice for startups and growing businesses.

Scheduling a property tour or obtaining a lease quote in Addison is simple with Boxer Property. Businesses can contact our leasing team directly to arrange personalized tours of available office, retail, or industrial spaces. We provide detailed pricing, availability, and lease term information tailored to your needs. By offering flexible options and professional guidance, our brokers ensure businesses find the right Addison commercial real estate to support their growth.

Startups thrive in Addison thanks to its wide range of flexible workspaces. Coworking offices, small suites, and short-term leases allow businesses to scale without long-term commitments. Many properties feature shared conference rooms, lounges, and high-speed internet, reducing operational costs. Addison’s central location, strong amenities, and energetic business community provide startups with the right environment to grow, network, and establish themselves while keeping expenses under control in North Dallas.

Law firms in Addison often choose professional office towers in the Quorum Drive District. These buildings offer Class A amenities, private office layouts, and proximity to major highways for client convenience. Addison’s central location provides quick access to Dallas courts while maintaining a prestigious business address. With abundant dining and hospitality options nearby, law firms can enjoy both a professional environment and client-friendly amenities within a thriving commercial hub.

Yes, build-to-suit opportunities are available in Addison, particularly for franchises in retail, dining, and service sectors. Developers and landlords work with tenants to design custom spaces that meet brand standards. Belt Line Road and Addison Circle are prime areas for franchise growth, offering high visibility and strong consumer demand. Addison’s thriving restaurant scene and dense business population provide excellent demographics for franchise success in North Dallas.

Yes, Boxer Property offers tailored real estate solutions in Addison for remote and hybrid teams. Businesses can lease flexible office suites, coworking spaces, or short-term offices to maintain collaboration while reducing costs. Properties feature amenities like meeting rooms, break areas, and business lounges, supporting hybrid work models. Addison’s central location and vibrant business ecosystem make it an excellent choice for companies looking to balance flexibility and productivity in 2025.