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On average, commerial real estate listings lease in the $30's per square foot per year. That's a 2% rise in rent.
Compared to the rest of the Houston Metro commercial real estate market, the Three Fountain Square region has higher rates for rent, and you may have to negotiate above asking rent to be in this hot region.
In the last 90 days, 32 commercial real estate listings have been made available, 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 posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,440 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built close to 1976 and are Class B.
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 area. Most of the occupants of Three Fountain Square work from home. Commuting under 5 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 Three Fountain Square.
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