On average, listings lease in the $20's per square foot per year. The Energy Corridor submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the Houston Metro market, the Energy Corridor submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 155 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Energy Corridor are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 370 sqft. Most properties in this market are around 5 floors. Most buildings in this area were built in 1983 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Energy Corridor residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.