Most listings are in the $20's per square foot per year. The Hedwig Village submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Houston Metro market, the Hedwig Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 21 listings have been listed, which means office 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,970 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Hedwig Village folk. Commuting more than an hour and a half 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 Hedwig Village.
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