The typical asking rate per listing is in the $20's per square foot per year. The Southwest Techniplex region is seeing a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.
Compared to the rest of the Houston Metro market, the Southwest Techniplex region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Southwest Techniplex 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.
The standard measurement for office space in this area is around 2,330 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Southwest Techniplex residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.