Chinatown Commercial Real Estate

Chinatown

Market Report

Number of Listings
Posted in the last 90 days
68
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
960

Chinatown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Chinatown submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Houston Metro market, the Chinatown submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Chinatown Listing Supply

In the last 90 days, 108 listings have been posted online, so you'll want to check back regularly for new listings. About 66% of the office spaces in the Chinatown 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 1,030 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1977 and are Class B.

Chinatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Chinatown folk. Commuting approximately 20 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 Chinatown.
Research