On average, listings lease in the $20's per square foot per year. The Greenway - Upper Kirby submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Houston Metro market, the Greenway - Upper Kirby submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 39 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 108% of the available leases in the Greenway - Upper Kirby are subleases, so you might be able to snag a great spot on a short term. 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 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this market were built in 1978 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Agriculture is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Greenway - Upper Kirby occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.