On average, listings lease in the $30's per square foot per year. The Bellaire submarket is going through a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.
Compared to the rest of the Houston Metro market, the Bellaire region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 150% of the available space in the Bellaire are subleases, so you might be able to find a shorter term or below market rent. 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 33,950 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this area were built in 1977 and are Class B.
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 Bellaire folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.