Galveston Retail

Galveston

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,300
As of: February 27, 2017

Galveston Rates

On average, listings lease in the $10's per square foot per year. The Galveston region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Houston Metro market, the Galveston region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Galveston Listing Supply

In the last 90 days, 29 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,300 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1973 and are Class B.

Galveston Community

Market Report

Trends and status of the commercial real estate market in Galveston.
Market Report

Market Data

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