Downtown Galveston Office Space

Downtown Galveston

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown Galveston Rates

On average, listings lease in the $20's per square foot per year. The Downtown Galveston submarket is going through a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Houston Metro market, the Downtown Galveston region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Galveston Listing Supply

In the last 90 days, 9 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,030 sqft. Most properties in this region are close to 12 stories. Most buildings in this area were built in 1973 and are Class B.

Downtown Galveston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Galveston occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Galveston Submarkets