On average, listings lease in the $20's per square foot per year. The South Main region is going through a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the Houston Metro market, the South Main submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 237 listings have come on the market, so you'll want to check back regularly for new listings. About 37% of the listings in the South Main are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 800 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the folk of South Main 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 South Main.
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