Bellaire Office Space

Bellaire

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
33,950
As of: June 24, 2017

Bellaire Rates

The typical asking rate per listing is in the $30's per square foot per year. The Bellaire submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the Houston Metro market, the Bellaire region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Bellaire Listing Supply

In the last 90 days, 4 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Bellaire are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 33,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this area were built in 1977 and are Class B.

Bellaire 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 market. Commute by car is the most popular way to get to work amongst Bellaire residents. 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 Bellaire.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bellaire.
Research

Bellaire Submarkets