Webster Sublease

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Webster

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
4,590
As of: December 7, 2016

Webster Rates

The typical asking rate per listing is in the $20's per square foot per year. The Webster submarket is seeing a decline in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 47% decline in rent.

Compared to the rest of the Houston Metro market, the Webster region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Webster Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,590 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 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 region. 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