Spring Valley Office Space

Spring Valley

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Spring Valley Rates

Most listings are in the $20's per square foot per year. The Spring Valley region is going through a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 28% rise in rent.

Compared to the rest of the Houston Metro market, the Spring Valley submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Spring Valley Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Spring Valley are subleases, so you might be able to find a shorter term or below market rent. 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 4,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 2013 and are Class B.

Spring Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Spring Valley occupants. Commuting under 5 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 Spring Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Spring Valley.

Spring Valley Village Submarkets