The typical asking rate per listing is in the $20's per square foot per year. The Preston Hills submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the DFW Metroplex market, the Preston Hills submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 115 listings have been listed, so you'll want to check back regularly for new listings. About 55% of the available space in the Preston Hills 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,070 sqft. Most buildings in this area are around 10 floors. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of Preston Hills work from home. Commuting under 5 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 Preston Hills.
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