Washington Avenue - Memorial Park Retail

Washington Avenue - Memorial Park

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
740
As of: May 20, 2017

Washington Avenue - Memorial Park Rates

Most listings are in the $40's per square foot per year. The Washington Avenue - Memorial Park submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 33% rise in rent.

Compared to the rest of the Houston Metro market, the Washington Avenue - Memorial Park submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Washington Avenue - Memorial Park Listing Supply

In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 740 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1983 and are Class B.

Washington Avenue - Memorial Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the folk of Washington Avenue - Memorial Park work from home. Commuting close to an hour 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 Washington Avenue - Memorial Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington Avenue - Memorial Park.
Research

Houston Submarkets