On average, listings lease in the $30's per square foot per year. The Three Fountain Square region is experiencing a a rise in rates. In the last 3 months, the median rate went up $31 per sqft per year.
Compared to the rest of the Houston Metro market, the Three Fountain Square submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 71% of the available leases in the Three Fountain Square are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the folk of Three Fountain Square work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.