Chinatown Sublease

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Chinatown

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
830
As of: December 3, 2016

Chinatown Rates

The typical asking rate per listing is in the $10's per square foot per year. The Chinatown region is experiencing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% increase in rent.

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

Chinatown Listing Supply

In the last 90 days, 39 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 830 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1977 and are Class B.

Chinatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Chinatown occupants. Commuting around 20 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 Chinatown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Chinatown.
Research

Houston Submarkets