Wortham Grove Commercial Real Estate For Lease

Wortham Grove

Market Report

Number of Listings For Lease
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,500

Wortham Grove Commercial Real Estate

Find Wortham Grove commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Wortham Grove commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Wortham Grove Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Wortham Grove submarket is going through a decline in rates. In the last 3 months, the median rate for lease decreased $3 per sqft per year.

Compared to the rest of the Houston Metro commercial real estate market, the Wortham Grove submarket has higher rates for rent, and you may need to pay a premium to be in this hot region.

Wortham Grove Listing Supply

In the last 90 days, 4 commercial real estate listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 size for office space in this area is around 2,500 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built approximately 2009 and are Class A.

Wortham Grove Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Wortham Grove occupants. Commuting close to 15 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 Wortham Grove.
Research