Most listings are in the $10's per square foot per year. The University Park submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Houston Metro market, the University Park submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means listings might be going fast. 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 29,540 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Most of the folk of University Park work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.