Bellaire Retail

Bellaire

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
33,950
As of: June 22, 2017

Bellaire Rates

The typical asking rate per listing is in the $30's per square foot per year. The Bellaire region is seeing a a rise in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the Houston Metro market, the Bellaire submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Bellaire Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Bellaire are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 33,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this area were built in 1977 and are Class B.

Bellaire Community

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

Market Data

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

Bellaire Submarkets