909 Richmond Ave$33.57 – $40.87/SF/yr FS
Texas Medical Center Submarket — Houston
Texas Medical Center submarket of Houston: 17 tracked properties, 1,968,000 SF of inventory and 259,500 SF available.
17Listings
259,500 SFAvailable space
1,968,000 SFTotal inventory
$31.47/SFAvg asking rent
9,200 SFMedian suite
Liberty Building$31.88 – $38.81/SF/yr FS
Guadalupe Center$23.67 – $28.82/SF/yr FS
128 Las Colinas Blvd$29.36 – $35.75/SF/yr FS
953 W 6th St$27.98 – $34.07/SF/yr FS
1752 N Loop 1604$22.81 – $27.77/SF/yr FS
Century Square$29.59 – $36.02/SF/yr FS
990 W University Dr$32.16 – $39.15/SF/yr FS
403 S Padre Island Dr$30.33 – $36.92/SF/yr FS
2416 N Harwood St$22.10 – $26.90/SF/yr FS
Trinity Building$28.89 – $35.17/SF/yr FS
Brazos Pavilion$25.32 – $30.82/SF/yr FS
2163 Commerce St$23.94 – $29.15/SF/yr FS
1866 Elm St$27.93 – $34.00/SF/yr FS
Pecos Building$32.69 – $39.80/SF/yr FS
3481 Andrews Hwy$37.26 – $45.37/SF/yr FS
816 Ocean Dr$22.99 – $27.98/SF/yr FS
17 commercial properties are tracked in the Texas Medical Center submarket, representing 1,968,000 SF of rentable building area, of which 259,500 SF is currently marketed as available.
Asking rents average $31.47 per square foot per year, the median marketed suite is 9,200 SF, and listings have been on market a median of 372 days.
The stock splits 5 Class A, 5 Class B, 7 Class C, with construction dates from 1909 to 2017 (median 1964).
Other Houston submarkets
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Frequently asked questions
What is the average asking rent for commercial space in Texas Medical Center, TX?
Across the 17 commercial listings published in Texas Medical Center, TX, asking rents average $31.47 per square foot per year, quoted on a FS basis.
How much commercial space is available in Texas Medical Center, TX?
259,500 SF is currently marketed across 9 buildings, out of 1,968,000 SF of total inventory.
What is the commercial vacancy rate in the Houston market?
The Houston commercial market is running 19.3% vacancy with year-over-year asking rent growth of 2.0%.
Which submarkets have the most commercial space in Texas Medical Center, TX?
Texas Medical Center (17 properties).
What cap rates are commercial assets trading at in Texas Medical Center, TX?
Listed commercial assets in Texas Medical Center, TX show an average asking cap rate of 6.45%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Texas Medical Center, TX?
Sterling Crest Advisors (3 listings), Republic Partners (2 listings), Cornerstone Brokerage (1 listing), Concord Realty Services (1 listing), Atlas Property Group (1 listing). See the full Texas Medical Center, TX broker directory.
How do I list a commercial property in Texas Medical Center, TX?
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