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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Southwest Houston region is seeing a a boost in rates. In the last 3 months, the median rate for lease increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Houston Metro commercial real estate market, the Southwest Houston region has higher rates for rent, and you may need to make a great offer to be in this hot submarket.
In the last 90 days, 674 commercial real estate listings have been made available, 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 700 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built around 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Southwest Houston occupants. Commuting around an hour and a half 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 Southwest Houston.
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