Hester Park Commercial Real Estate

Hester Park

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,500

Hester Park Rates

On average, listings lease in the $10's per square foot per year. The Hester Park region is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Hester Park Listing Supply

In the last 90 days, 3 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Hester Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1997.

Hester Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hester Park occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Hester Park.
Research