Most listings are in the $10's per square foot per year. The The Strand submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 41% decline in rent.
Compared to the rest of the Houston Metro market, the The Strand submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are around 12 floors. Most buildings in this market were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst The Strand folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.