Second Ward Sublease

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Second Ward

Office Space Market Report

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

Second Ward Rates

The typical asking rate per listing is in the $20's per square foot per year. The Second Ward submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a Inf% increase in rent.

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

Second Ward Listing Supply

In the last 90 days, 2 listings have been made available, which means spaces might be going fast. 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 1,560 sqft. Most buildings in this area were built in 1991 and are Class C.

Second Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Most of the folk of Second Ward work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Houston Submarkets