The typical asking rate per listing is in the $20's per square foot per year. The Bellaire region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Houston Metro market, the Bellaire region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means spaces most likley are going fast. 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 20,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 6 floors. 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 region. 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.