Oak Forest - Garden Oaks Office Space

Oak Forest - Garden Oaks

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
710
As of: February 28, 2017

Oak Forest - Garden Oaks Rates

The typical asking rate per listing is in the $20's per square foot per year. The Oak Forest - Garden Oaks submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 21% decline in rent.

Compared to the rest of the Houston Metro market, the Oak Forest - Garden Oaks region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Oak Forest - Garden Oaks Listing Supply

In the last 90 days, 34 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Oak Forest - Garden Oaks are subleases, so you will probably have to focus your search on direct office leases. 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 710 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1977 and are Class B.

Oak Forest - Garden Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the folk of Oak Forest - Garden Oaks work from home. 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 Oak Forest - Garden Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oak Forest - Garden Oaks.
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