On average, listings lease in the $30's per square foot per year. The Prosper submarket is going through a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Prosper region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available space 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 measurement for office space in this area is around 2,300 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 2007 and are Class C.
Real time and historical data on commercial real estate listings in Prosper.
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