Neartown - Montrose Retail

Neartown - Montrose

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,380
As of: February 26, 2017

Neartown - Montrose Rates

Most listings are in the $20's per square foot per year. The Neartown - Montrose region is experiencing a a boost in rates. In the last 3 months, the median rate increased $30 per sqft per year.

Compared to the rest of the Houston Metro market, the Neartown - Montrose submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Neartown - Montrose Listing Supply

In the last 90 days, 9 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,380 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1978 and are Class C.

Neartown - Montrose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Neartown - Montrose residents. Commuting under 5 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 Neartown - Montrose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Neartown - Montrose.
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