The typical asking rate per listing is in the $20's per square foot per year. The Lazy Brook - Timbergrove region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 20% rise in rent.
Compared to the rest of the Houston Metro market, the Lazy Brook - Timbergrove region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 48 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 380 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this area were built in 1976 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Lazy Brook - Timbergrove occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.