The typical asking rate per listing is in the $30's per square foot per year. The University Place region is going through a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year.
Compared to the rest of the Houston Metro market, the University Place region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 13 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available space in the University Place 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 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1968 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 area. Commute by motorcycle is the most popular way to get to work amongst University Place residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.