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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Prosper region is experiencing a an increase in rates. In the last 3 months, the median rate for lease rose $34 per sqft per year.
Compared to the rest of the DFW Metroplex commercial real estate market, the Prosper submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 commercial real estate listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available commercial real estate leases in the Prosper are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,300 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built around 2007 and are Class C.
Real time and historical data on commercial real estate listings in Prosper.
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