The typical asking rate per listing is in the $20's per square foot per year. The Village West submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.
Compared to the rest of the Houston Metro market, the Village West submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Village West are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,410 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 10 floors. Most buildings in this area were built in 1983 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Village West residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.