Park Ten Place Office Space

Park Ten Place

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,800
As of: March 11, 2017

Park Ten Place Rates

Most listings are in the $20's per square foot per year. The Park Ten Place region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the Houston Metro market, the Park Ten Place region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Park Ten Place Listing Supply

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 make an offer immediately. About 20% of the available space 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,800 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 1982 and are Class B.

Park Ten Place Community

Health care is the dominant industry in this market. 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.

Market Report

Trends and status of the commercial real estate market in Park Ten Place.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Park Ten Place.
Research

Houston Submarkets