On average, listings lease in the $20's per square foot per year. The Grogan's Park submarket is going through a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Houston Metro market, the Grogan's Park submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 7,180 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area were built in 1983 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Grogan's Park residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Grogan's Park.
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