The typical asking rate per listing is in the $20's per square foot per year. The Sharpstown submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Houston Metro market, the Sharpstown region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 535 listings have come on the market, so you'll want to check back regularly for new listings. About 64% of the office spaces in the Sharpstown 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Sharpstown occupants. Commuting approximately 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 Sharpstown.
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