Oak Forest - Garden Oaks Industrial

Oak Forest - Garden Oaks

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
740
As of: March 11, 2017

Oak Forest - Garden Oaks Rates

On average, listings lease in the $20's per square foot per year. The Oak Forest - Garden Oaks submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Houston Metro market, the Oak Forest - Garden Oaks region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Oak Forest - Garden Oaks Listing Supply

In the last 90 days, 37 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Oak Forest - Garden Oaks are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 740 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this area were built in 1977 and are Class B.

Oak Forest - Garden Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the folk of Oak Forest - Garden Oaks work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Oak Forest - Garden Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oak Forest - Garden Oaks.
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Houston Submarkets