Washington Avenue - Memorial Park Commercial Real Estate

Washington Avenue - Memorial Park

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,330

Washington Avenue - Memorial Park Rates

Most listings are in the $30's per square foot per year. The Washington Avenue - Memorial Park region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Houston Metro market, the Washington Avenue - Memorial Park submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Washington Avenue - Memorial Park Listing Supply

In the last 90 days, 160 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available space in the Washington Avenue - Memorial Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,330 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1983 and are Class B.

Washington Avenue - Memorial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the occupants of Washington Avenue - Memorial Park work from home. Commuting close to an hour 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 Washington Avenue - Memorial Park.
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