The typical asking rate per listing is in the $30's per square foot per year. The San Felipe Green submarket is going through a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the Houston Metro market, the San Felipe Green region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the San Felipe Green 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,680 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 8 floors. Most buildings in this region were built in 1976 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of San Felipe Green work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.