The typical asking rate per listing is in the $20's per square foot per year. The Central Houston region is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Houston Metro market, the Central Houston submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2587 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the available leases in the Central Houston are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,900 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this area were built in 1976 and are Class B.
Real time and historical data on commercial real estate listings in Central Houston.
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