On average, listings lease in the $20's per square foot per year. The Hearthwood Business Park submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Houston Metro market, the Hearthwood Business Park region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 209 listings have been listed, so you'll want to check back regularly for new listings. About 30% of the available leases in the Hearthwood Business Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 830 sqft. Most buildings in this market are close to 6 floors. Most buildings in this region were built in 1983 and are Class B.
Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Hearthwood Business Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Hearthwood Business Park.
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