Lazy Brook - Timbergrove Office Space

Lazy Brook - Timbergrove

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,790
As of: August 16, 2017

Lazy Brook - Timbergrove Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lazy Brook - Timbergrove submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Houston Metro market, the Lazy Brook - Timbergrove region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Lazy Brook - Timbergrove Listing Supply

In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. About 146% of the office spaces in the Lazy Brook - Timbergrove 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.

The standard measurement for office space in this area is around 1,840 sqft. Most properties in this market are approximately 6 floors. Most buildings in this region were built in 1976 and are Class A.

Lazy Brook - Timbergrove 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 market. Commute by motorcycle is the most popular way to get to work amongst Lazy Brook - Timbergrove residents. Commuting approximately 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 Lazy Brook - Timbergrove.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lazy Brook - Timbergrove.
Research

Houston Submarkets