On average, listings lease in the $20's per square foot per year. The Spring Valley Village submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Houston Metro market, the Spring Valley Village region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 3 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 2013 and are Class B.