South Central Houston Retail

South Central Houston

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,740
As of: June 25, 2017

South Central Houston Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Central Houston submarket is going through a an increase in rates. In the last 3 months, the median rate went up $37 per sqft per year.

Compared to the rest of the Houston Metro market, the South Central Houston submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

South Central Houston Listing Supply

In the last 90 days, 18 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 61% of the listings in the South Central Houston are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,740 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1964 and are Class B.

South Central Houston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst South Central Houston 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 South Central Houston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Central Houston.
Research

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