Grogan's Mill Industrial

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Grogan's Mill

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,900

Grogan's Mill Rates

The typical asking rate per listing is in the $30's per square foot per year. The Grogan's Mill submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 36% increase in rent.

Compared to the rest of the Houston Metro market, the Grogan's Mill region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Grogan's Mill Listing Supply

In the last 90 days, 193 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the Grogan's Mill are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,900 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1984 and are Class B.

Grogan's Mill 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 market. Most of the folk of Grogan's Mill work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Grogan's Mill.
Research