The typical asking rate per listing is in the $20's per square foot per year. The Maplewood Square region is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Houston Metro market, the Maplewood Square submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 13,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this area were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Maplewood Square work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.