Webster Sublease

Webster

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,000
As of: January 16, 2017

Webster Rates

On average, listings lease in the $30's per square foot per year. The Webster submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 50% increase in rent.

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

Webster Listing Supply

In the last 90 days, 6 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Webster 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 1994 and are Class A.

Webster 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 market. Commute by public transit is the most popular way to get to work amongst Webster occupants. 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 Webster.
Market Report

Market Data

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

Webster Submarkets