The typical asking rate per listing is in the $20's per square foot per year. The Market Place at Sugar Land submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Houston Metro market, the Market Place at Sugar Land region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Market Place at Sugar Land 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 11,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 8 stories. Most buildings in this region were built in 2009 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Market Place at Sugar Land occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.