Grogan's Mill Industrial

Grogan's Mill

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,320
As of: February 22, 2017

Grogan's Mill Rates

Most listings are in the $20's per square foot per year. The Grogan's Mill region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Houston Metro market, the Grogan's Mill region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Grogan's Mill Listing Supply

In the last 90 days, 12 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Grogan's Mill are subleases, so you will probably have to consider a longer term lease. 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 1,320 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1985 and are Class B.

Grogan's Mill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the residents of Grogan's Mill work from home. Commuting around an hour and a half 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 Grogan's Mill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grogan's Mill.
Research