Southbelt - Ellington Retail Space

Southbelt - Ellington

Market Report

Number of Listings
Posted in the last 90 days
27
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,720

Southbelt - Ellington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Southbelt - Ellington submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Houston Metro market, the Southbelt - Ellington region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Southbelt - Ellington Listing Supply

In the last 90 days, 112 listings have been listed, so you'll want to check back regularly for new listings. About 21% of the available leases in the Southbelt - Ellington are subleases, so you might be able to find a shorter term or below market rent. 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 measurement for office space in this area is around 1,720 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1987 and are Class B.

Southbelt - Ellington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Most of the occupants of Southbelt - Ellington work from home. Commuting more than an hour and a half 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 Southbelt - Ellington.
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