On average, listings lease in the $20's per square foot per year. The Lazy Brook - Timbergrove submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Houston Metro market, the Lazy Brook - Timbergrove submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 218 listings have been posted online, so you'll want to check back regularly for new listings. About 19% of the available space in the Lazy Brook - Timbergrove 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 520 sqft. Most buildings in this area are around 6 floors. Most buildings in this region were built in 1976 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Lazy Brook - Timbergrove residents. Commuting close to 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 Lazy Brook - Timbergrove.
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