The typical asking rate per listing is in the $20's per square foot per year. The Hedwig Village region 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 Hedwig Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Hedwig Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,970 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Hedwig Village occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.