The typical asking rate per listing is in the $20's per square foot per year. The Energy Corridor submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Houston Metro market, the Energy Corridor region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 155 listings have been made available, so you'll want to check back regularly for new listings. About 17% of the listings in the Energy Corridor are subleases, so you might be able to find a shorter term or below market rent. 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 5,190 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this market 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 approximately 30 minutes a day is the norm for those who opt to reside in this part of town.