Preston Hills Sublease

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Preston Hills

Office Space Market Report

Number of Listings (last 90 days)
119
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,080
As of: August 19, 2017

Preston Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Preston Hills submarket is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Preston Hills region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Preston Hills Listing Supply

In the last 90 days, 119 listings have been posted online, so you'll want to check back regularly for new listings. About 45% of the available leases in the Preston Hills 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.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this area are close to 10 stories. Most buildings in this market were built in 1984 and are Class B.

Preston Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Preston Hills work from home. Commuting under 5 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 Preston Hills.
Market Report

Market Data

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