Midtown Office Space For Lease

Midtown

Market Report

Number of Listings For Lease
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
380

Midtown Commercial Real Estate

Find Midtown commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Midtown commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Midtown Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Midtown region is going through a an increase in rates. In the last 3 months, the median rate for lease went up $6 per sqft per year. That's a 23% increase in rent.

Compared to the rest of the Houston Metro commercial real estate market, the Midtown submarket has more expensive rates for rent, and you may need to pay a premium to be in this hot region.

Midtown Listing Supply

In the last 90 days, 103 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,900 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built approximately 1964 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Midtown folk. Commuting between 20 and 25 minutes 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 Midtown.
Research