Energy Corridor Sublease

Energy Corridor

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Energy Corridor Rates

On average, listings lease in the $20's per square foot per year. The Energy Corridor region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.

Compared to the rest of the Houston Metro market, the Energy Corridor submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Energy Corridor Listing Supply

In the last 90 days, 62 listings have been listed, so you'll want to check back regularly for new listings. About 42% of the listings in the Energy Corridor 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.

Even though the median size is 24,390 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this area were built in 1983 and are Class A.

Energy Corridor Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Energy Corridor residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Houston Submarkets