Westchase Sublease

Westchase

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,240
As of: March 30, 2017

Westchase Rates

Most listings are in the $10's per square foot per year. The Westchase region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Houston Metro market, the Westchase region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Westchase Listing Supply

In the last 90 days, 38 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 24% of the listings in the Westchase are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,370 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1981 and are Class B.

Westchase Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Westchase folk. 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 Westchase.
Market Report

Market Data

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

Houston Submarkets