Energy Corridor Sublease

Energy Corridor

Office Space Market Report

Number of Listings (last 90 days)
155
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
500
As of: March 12, 2017

Energy Corridor Rates

On average, listings lease in the $10's per square foot per year. The Energy Corridor region is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 33% decline in rent.

Compared to the rest of the Houston Metro market, the Energy Corridor submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Energy Corridor Listing Supply

In the last 90 days, 155 listings have come on the market, so you'll want to check back regularly for new listings. About 14% 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 500 sqft. Most properties in this region are approximately 5 stories. Most buildings in this area were built in 1983 and are Class A.

Energy Corridor Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Energy Corridor folk. Commuting around 30 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 Energy Corridor.
Market Report

Market Data

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

Houston Submarkets