The typical asking rate per listing is in the $20's per square foot per year. The Spring Branch West region is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Houston Metro market, the Spring Branch West submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the Spring Branch West 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 2,860 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Spring Branch West folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.