Oak Forest - Garden Oaks Sublease

Oak Forest - Garden Oaks

Office Space Market Report

Number of Listings (last 90 days)
127
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
500
As of: August 17, 2017

Oak Forest - Garden Oaks Rates

Most listings are in the $20's per square foot per year. The Oak Forest - Garden Oaks submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Houston Metro market, the Oak Forest - Garden Oaks submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Oak Forest - Garden Oaks Listing Supply

In the last 90 days, 37 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 24% of the available leases in the Oak Forest - Garden Oaks 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.

The standard measurement for office space in this area is around 500 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1977 and are Class B.

Oak Forest - Garden Oaks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the folk of Oak Forest - Garden Oaks work from home. Commuting between 30 and 45 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 Oak Forest - Garden Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oak Forest - Garden Oaks.
Research

Houston Submarkets