Park Ten Place Retail

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Park Ten Place

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
6,720
As of: December 10, 2016

Park Ten Place Rates

Most listings are in the $20's per square foot per year. The Park Ten Place submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase 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 pay a premium to be in this hot region.

Park Ten Place Listing Supply

In the last 90 days, 23 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 39% of the office spaces 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 5,900 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1982 and are Class B.

Park Ten Place Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Park Ten Place occupants. 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