On average, listings lease in the $20's per square foot per year. The Grogan's Park region is seeing a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Houston Metro market, the Grogan's Park submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Grogan's Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,180 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area were built in 1983 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Grogan's Park occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.