Most listings are in the $20's per square foot per year. The Energy Corridor region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Houston Metro market, the Energy Corridor region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 67 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the office spaces in the Energy Corridor 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,732 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built in 1983 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Energy Corridor residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.