Northwest Houston Office Space

Northwest Houston

Office Space Market Report

Number of Listings (last 90 days)
257
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,770
As of: January 18, 2017

Northwest Houston Rates

On average, listings lease in the $20's per square foot per year. The Northwest Houston region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decline in rent.

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

Northwest Houston Listing Supply

In the last 90 days, 256 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Northwest Houston are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,770 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1996 and are Class B.

Northwest Houston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northwest Houston 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 Northwest Houston.
Market Report

Market Data

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

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