The typical asking rate per listing is in the $20's per square foot per year. The Fairbanks - Northwest Crossing submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Houston Metro market, the Fairbanks - Northwest Crossing region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 188 listings have come on the market, so you'll want to check back regularly for new listings. 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 1,290 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1983 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fairbanks - Northwest Crossing folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.