The typical asking rate per listing is in the $20's per square foot per year. The Thornwood West region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Houston Metro market, the Thornwood West region 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 been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 20,400 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 13 stories. Most buildings in this area were built in 1986 and are Class A.
Health care is the dominant industry in this region. Most of the occupants of Thornwood West work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.