On average, listings lease in the $20's per square foot per year. The Hedwig Village submarket is going through a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Houston Metro market, the Hedwig Village submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 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 50% of the listings in the Hedwig Village are subleases, so you might be able to snag a great spot on a short term. 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 3,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1974 and are Class A.