On average, listings lease in the $20's per square foot per year. The Eldridge - West Oaks region is going through a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Houston Metro market, the Eldridge - West Oaks region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 90% of the available space in the Eldridge - West Oaks 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.
The standard measurement for office space in this area is around 1,330 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1999 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Eldridge - West Oaks residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.