Northwest Houston Retail

Northwest Houston

Office Space Market Report

Number of Listings (last 90 days)
232
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
690
As of: August 18, 2017

Northwest Houston Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Houston submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

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

Northwest Houston Listing Supply

In the last 90 days, 232 listings have been listed, so you'll want to check back regularly for new listings. About 92% of the office spaces in the Northwest Houston 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 690 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1995 and are Class B.

Northwest Houston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northwest Houston occupants. Commuting close to 10 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 Northwest Houston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Houston.
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