Prestonwood Sublease

Prestonwood

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
6,690
As of: June 27, 2017

Prestonwood Rates

On average, listings lease in the $30's per square foot per year. The Prestonwood submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Compared to the rest of the DFW Metroplex market, the Prestonwood submarket 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, 10 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 120% of the available space in the Prestonwood are subleases, so you might be able to snag a great spot on a short term. 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 6,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market 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 region. Commute by walking is the most popular way to get to work amongst Prestonwood residents. Commuting close to 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.
Research