Southbelt - Ellington Office Space

Southbelt - Ellington

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,120
As of: December 2, 2016

Southbelt - Ellington Rates

On average, listings lease in the $20's per square foot per year. The Southbelt - Ellington region is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 25% decline in rent.

Compared to the rest of the Houston Metro market, the Southbelt - Ellington submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Southbelt - Ellington Listing Supply

In the last 90 days, 11 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 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 region. Most of the occupants 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.
Research

Houston Submarkets