The typical asking rate per listing is in the $20's per square foot per year. The Eldridge - West Oaks submarket is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Houston Metro market, the Eldridge - West Oaks submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 207 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available leases in the Eldridge - West Oaks are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,760 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1999 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 area. Commute by bike is the most popular way to get to work amongst Eldridge - West Oaks 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 Eldridge - West Oaks.
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