Most listings are in the $30's per square foot per year. The San Felipe Green region is experiencing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.
Compared to the rest of the Houston Metro market, the San Felipe Green submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 60% of the listings in the San Felipe Green are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,230 sqft. Most properties in this region are close to 8 floors. Most buildings in this area were built in 1976 and are Class B.
Public administration is the dominant industry in this market. 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.