Neartown - Montrose Retail

Neartown - Montrose

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
9,800
As of: August 17, 2017

Neartown - Montrose Rates

On average, listings lease in the $30's per square foot per year. The Neartown - Montrose region is seeing a an increase 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 region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Neartown - Montrose Listing Supply

In the last 90 days, 9 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 233% of the listings in the Neartown - Montrose 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 available, so finding a space for a small business might be tough.

Even though the median size is 9,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region 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 region. Commute by walking is the most popular way to get to work amongst Neartown - Montrose folk. 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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