Most listings are in the $20's per square foot per year. The Grogan's Mill submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Houston Metro market, the Grogan's Mill submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 32 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Grogan's Mill are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1985 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 residents of Grogan's Mill work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.