The typical asking rate per listing is in the $20's per square foot per year. The Houston Orchards submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Houston Metro market, the Houston Orchards region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 18,830 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 4 stories. Most buildings in this market were built in 1984 and are Class B.
Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Houston Orchards residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.