The typical asking rate per listing is in the $20's per square foot per year. The Park Ten Place submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Houston Metro market, the Park Ten Place submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 114 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Park Ten Place are subleases, so you will probably have to consider a longer term lease. 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 3,520 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1982 and are Class B.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Park Ten Place residents. Commuting between 20 and 25 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 Park Ten Place.
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