Royal Business Park Sublease

Royal Business Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
38,200
As of: March 12, 2017

Royal Business Park Rates

Most listings are in the $20's per square foot per year. The Royal Business Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the DFW Metroplex market, the Royal Business Park region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Royal Business Park Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Royal Business Park 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 38,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 1985 and are Class B.

Royal Business Park Community

Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Royal Business Park residents. Commuting between 30 and 45 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 Royal Business Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Royal Business Park.
Research