The typical asking rate per listing is in the $20's per square foot per year. The Spring Branch Central submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Houston Metro market, the Spring Branch Central region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,070 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Spring Branch Central occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.