Greater Hobby Area Retail

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Greater Hobby Area

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Greater Hobby Area Rates

Most listings are in the $20's per square foot per year. The Greater Hobby Area submarket is going through a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Houston Metro market, the Greater Hobby Area submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Greater Hobby Area Listing Supply

In the last 90 days, 15 listings have been listed, which means new availabilities might be going fast. 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 2,100 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1983 and are Class B.

Greater Hobby Area Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Greater Hobby Area 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 Greater Hobby Area.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Hobby Area.

Houston Submarkets