Northwest Crossing Commercial Real Estate

Northwest Crossing

Market Report

Number of Listings
Posted in the last 90 days
113
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
640

Northwest Crossing Rates

On average, listings lease in the $20's per square foot per year. The Northwest Crossing region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

Northwest Crossing Listing Supply

In the last 90 days, 305 listings have been posted online, so you'll want to check back regularly for new listings. About 37% of the listings in the Northwest Crossing 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 640 sqft. Most properties in this region are approximately 6 stories. Most buildings in this region were built in 1981 and are Class B.

Northwest Crossing Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the occupants of Northwest Crossing work from home. Commuting under 5 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 Northwest Crossing.
Research