On average, listings lease in the $20's per square foot per year. The Spring Shadows region is seeing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Houston Metro market, the Spring Shadows submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 29 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 18,960 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 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 market. Commute by car is the most popular way to get to work amongst Spring Shadows residents. Commuting around 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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