On average, listings lease in the $20's per square foot per year. The Hearthwood Business Park region is seeing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the Houston Metro market, the Hearthwood Business Park region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 130 listings have come on the market, so you'll want to check back regularly for new listings. About 55% of the available space in the Hearthwood Business Park 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 950 sqft. Most properties in this area are around 6 floors. Most buildings in this area were built in 1983 and are Class B.
Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Hearthwood Business Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.