On average, listings lease in the $10's per square foot per year. The Energy Corridor submarket is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Houston Metro market, the Energy Corridor region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 155 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the available leases in the Energy Corridor 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this market are close to 5 floors. Most buildings in this area were built in 1983 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Energy Corridor occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.