The Strand Office Space

The Strand

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
2,500
As of: January 23, 2017

The Strand Rates

Most listings are in the $10's per square foot per year. The The Strand submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 41% decline in rent.

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

The Strand Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. 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 2,500 sqft. Most buildings in this area are around 12 floors. Most buildings in this market were built in 1973 and are Class B.

The Strand Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst The Strand folk. Commuting close to 10 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 The Strand.
Market Report

Market Data

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