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On average, commerial real estate listings lease in the $20's per square foot per year. The Spring Shadows submarket is going through a an increase in rates. In the last 3 months, the median rate for lease increased $22 per sqft per year.
Compared to the rest of the Houston Metro commercial real estate market, the Spring Shadows submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 29 commercial real estate listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 18,960 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built around 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Spring Shadows folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Spring Shadows.
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