On average, listings lease in the $20's per square foot per year. The South Shore Harbour and Marina submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Houston Metro market, the South Shore Harbour and Marina region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 18 listings have been made available, which means office spaces might be 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.
The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are close to 4 floors. Most buildings in this market were built in 1989 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 car is the most popular way to get to work amongst South Shore Harbour and Marina occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.