Centre Business Park Office Space

Centre Business Park

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
680
As of: August 17, 2017

Centre Business Park Rates

Most listings are in the $10's per square foot per year. The Centre Business Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% increase in rent.

Compared to the rest of the Houston Metro market, the Centre Business Park region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Centre Business Park Listing Supply

In the last 90 days, 25 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 116% of the office spaces in the Centre Business Park are subleases, so you might be able to find a shorter term or below market rent. 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 680 sqft. Most buildings in this market are close to 11 floors. Most buildings in this region were built in 1983 and are Class A.

Centre Business Park Community

This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Centre Business Park 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 Centre Business Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Centre Business Park.
Research

Houston Submarkets