The typical asking rate per listing is in the $20's per square foot per year. The Hearthwood Business Park submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Houston Metro market, the Hearthwood Business Park region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 125 listings have been listed, so you'll want to check back regularly for new listings. 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 700 sqft. Most properties in this market are approximately 6 stories. Most buildings in this region were built in 1981 and are Class B.
Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hearthwood Business Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.