Galveston Retail

Galveston

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,530
As of: July 22, 2017

Galveston Rates

Most listings are in the $20's per square foot per year. The Galveston submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.

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

Galveston Listing Supply

In the last 90 days, 29 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 34% of the available leases in the Galveston 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,530 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1977 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