University Place Office Space For Lease

University Place

Market Report

Number of Listings For Lease
Posted in the last 90 days
28
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
300

University Place Commercial Real Estate

Find University Place 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 University Place commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

University Place Rates

The typical asking rate per commerial real estate listing leases is in the $40's per square foot per year. That's a 2% increase in rent.

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

University Place Listing Supply

In the last 90 days, 88 commercial real estate listings have come on the market, 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 840 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built around 1955 and are Class B.

University Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst University Place 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 University Place.
Research