On average, listings lease in the $20's per square foot per year. The Nassau Bay region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Houston Metro market, the Nassau Bay region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 115 listings have been made available, so you'll want to check back regularly for new listings. About 83% of the office spaces in the Nassau Bay are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 420 sqft. Most buildings in this region are close to 4 floors. Most buildings in this area were built in 1985 and are Class B.
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 walking is the most popular way to get to work amongst Nassau Bay folk. Commuting between 30 and 45 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 Nassau Bay.
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