Neartown - Montrose Sublease

Neartown - Montrose

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,380
As of: February 20, 2017

Neartown - Montrose Rates

The typical asking rate per listing is in the $20's per square foot per year. The Neartown - Montrose region is seeing a an increase in rates. In the last 3 months, the median rate went up $30 per sqft per year.

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

Neartown - Montrose Listing Supply

In the last 90 days, 11 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,380 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1978 and are Class C.

Neartown - Montrose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Neartown - Montrose residents. Commuting under 5 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 Neartown - Montrose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Neartown - Montrose.
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