Downtown Houston Office Space

East Downtown (EaDo) Collaborative/Creative +/-4,300-SF Work Space Space
Downtown Houston, Houston, TX
# East Downtown (EaDo) Collaborative/Creative +/-4,300-SF Work Space East Downtown (EaDo) collaborative/creative +/-4,300-SF commercial building on 5,500-SF lot at the NEC of Delano and Dallas Streets, Houston, TX.  Here is a unique opportunity to purchase or lease a property in the heart of Houston’s most up and coming neighborhood, with many famous attractions and venues within walking distance.  Building boasts ultra-modern finishes; existing floor plan is ideal for a company that fosters a creative, collaborative environment.   Free street parking, new HVAC units.   Property is immediately surrounded by numerous existing and proposed mixed-use developments combining residential, office and retail in a walkable atmosphere.  Located at the corner of Delano and Dallas Streets in the East Downtown district near such iconic area attractions as BBVA Compass Stadium (Houston Dynamo men's soccer team), George R Brown Convention Center, Discovery Green downtown park, Toyota Center (Houston Rockets basketball team, concert events), Minute Maid Park (Houston Astros baseball team) and numerous restaurants, art studios, hotels and clubs.  Key Map 493V   Sale Price: $699,000 Lease Rate: $19.00/SF NNN Features - Creative Work Space in the Heart of East Downtown (EaDo) - Within Walking Distance of Numerous Houston Attractions - Close Proximity to Popular Restaurants & Entertainment Venues

Downtown Houston

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
29,030
As of: May 20, 2017

Downtown Houston Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Houston region is going through a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 26% increase in rent.

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

Downtown Houston Listing Supply

In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the listings in the Downtown Houston are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 29,030 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 15 floors. Most buildings in this region were built in 1962 and are Class A.

Downtown Houston Community

Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Houston residents. Commuting approximately an hour 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 Downtown Houston.
Market Report

Market Data

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

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