Most listings are in the $20's per square foot per year. The Energy Corridor region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Houston Metro market, the Energy Corridor submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 137 listings have been listed, so you'll want to check back regularly for new listings. About 16% 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 690 sqft. Most properties in this region are approximately 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 area. Commute by car is the most popular way to get to work amongst Energy Corridor residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.