Royal Business Park Industrial

Royal Business Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
38,200
As of: March 12, 2017

Royal Business Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Royal Business Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decline in rent.

Compared to the rest of the DFW Metroplex market, the Royal Business Park submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Royal Business Park Listing Supply

In the last 90 days, 6 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Royal Business Park are subleases, so you might be able to find a shorter term or below market rent. 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 38,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1985 and are Class B.

Royal Business Park Community

Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Royal Business Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Royal Business Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Royal Business Park.
Research