Briarforest Retail

Briarforest

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,330
As of: February 24, 2017

Briarforest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Briarforest region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.

Compared to the rest of the Houston Metro market, the Briarforest submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Briarforest Listing Supply

In the last 90 days, 9 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Briarforest are subleases, so you might be able to snag a great spot on a short term. 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 4,330 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this area were built in 1982 and are Class B.

Briarforest 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 market. Commute by public transit is the most popular way to get to work amongst Briarforest 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 Briarforest.
Market Report

Market Data

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

Houston Submarkets