Grogan's Mill Retail

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Grogan's Mill

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
7,180
As of: May 24, 2017

Grogan's Mill Rates

Most listings are in the $20's per square foot per year. The Grogan's Mill region is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Houston Metro market, the Grogan's Mill region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Grogan's Mill Listing Supply

In the last 90 days, 9 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 44% of the office spaces in the Grogan's Mill 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 available, so finding a space for a small business might be tough.

Even though the median size is 7,180 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1985 and are Class B.

Grogan's Mill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Grogan's Mill work from home. Commuting approximately an hour and a half 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 Grogan's Mill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grogan's Mill.
Research