On average, listings lease in the $10's per square foot per year. The Olde Oaks submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Houston Metro market, the Olde Oaks region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been posted online, which means office spaces might be 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 2,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Olde Oaks residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.