South Central Houston Sublease

South Central Houston

Office Space Market Report

Number of Listings (last 90 days)
81
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
10,630
As of: December 6, 2016

South Central Houston Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Central Houston region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Houston Metro market, the South Central Houston submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

South Central Houston Listing Supply

In the last 90 days, 82 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the South Central Houston are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 10,630 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1962 and are Class B.

South Central Houston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst South Central Houston occupants. 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 South Central Houston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Central Houston.
Research

Houston Submarkets