Westchase Sublease

Westchase

Office Space Market Report

Number of Listings (last 90 days)
110
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,600
As of: December 3, 2016

Westchase Rates

On average, listings lease in the $20's per square foot per year. The Westchase submarket is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 29% decrease in rent.

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

Westchase Listing Supply

In the last 90 days, 114 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Westchase 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 2,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this area 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 market. 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