Most listings are in the $20's per square foot per year. The South Central Houston region is experiencing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 44% decline in rent.
Compared to the rest of the Houston Metro market, the South Central Houston submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 94% of the office spaces in the South Central Houston 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,550 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst South Central Houston folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.