On average, listings lease in the $20's per square foot per year. The Southbelt - Ellington submarket is going through a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Houston Metro market, the Southbelt - Ellington region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,270 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Most of the residents of Southbelt - Ellington work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.