Webster Sublease

Webster

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,900
As of: February 24, 2017

Webster Rates

On average, listings lease in the $30's per square foot per year. The Webster region is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Houston Metro market, the Webster submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Webster Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Webster 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 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