Southlake Office Space

Southlake

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
15,780
As of: May 23, 2017

Southlake Rates

On average, listings lease in the $10's per square foot per year. The Southlake region is seeing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 40% decrease in rent.

Southlake Listing Supply

In the last 90 days, 6 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Southlake 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 available, so finding a space for a small business might be tough.

Even though the median size is 15,780 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 1 stories.

Southlake Community

Public administration is the dominant industry in this area. Most of the occupants of Southlake work from home. Commuting more than an hour and a half 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 Southlake.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southlake.
Research