The typical asking rate per listing is in the $10's per square foot per year. The Park Ten Place submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Houston Metro market, the Park Ten Place submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 10 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings 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 3,510 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1982 and are Class B.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Park Ten Place residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.