Southbelt - Ellington Office Space

Southbelt - Ellington

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,850
As of: June 26, 2017

Southbelt - Ellington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Southbelt - Ellington submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Houston Metro market, the Southbelt - Ellington region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Southbelt - Ellington Listing Supply

In the last 90 days, 5 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Southbelt - Ellington 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 4,850 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1987 and are Class B.

Southbelt - Ellington 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 area. Most of the residents of Southbelt - Ellington work from home. Commuting more than an hour and a half 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 Southbelt - Ellington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southbelt - Ellington.
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