South Central Houston Retail

South Central Houston

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

South Central Houston Rates

Most listings are in the $30's per square foot per year. The South Central Houston region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 15% decrease in rent.

Compared to the rest of the Houston Metro market, the South Central Houston region has greater 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, 21 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the listings in the South Central 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 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 2,090 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1966 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 folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Houston Submarkets