Prestonwood Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Prestonwood Rates

On average, listings lease in the $30's per square foot per year. The Prestonwood region is seeing a an increase in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 45% increase in rent.

Compared to the rest of the DFW Metroplex market, the Prestonwood region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Prestonwood Listing Supply

In the last 90 days, 4 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 75% of the office spaces in the Prestonwood 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 3,440 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1985 and are Class B.

Prestonwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Prestonwood residents. Commuting approximately 10 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 Prestonwood.
Market Report

Market Data

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