The typical asking rate per listing is in the $20's per square foot per year. The Hearthwood Business Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.
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 undervalued region.
In the last 90 days, 130 listings have been posted online, so you'll want to check back regularly for new listings. About 59% of the available space in the Hearthwood Business Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 940 sqft. Most properties in this region are close to 6 floors. Most buildings in this area were built in 1983 and are Class B.
Wholesale trade is the dominant industry in this region. 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.