Most listings are in the $20's per square foot per year. The Park Ten Place region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Houston Metro market, the Park Ten Place submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 10 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Park Ten Place 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,800 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market 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.