The typical asking rate per listing is in the $20's per square foot per year. The Fairbanks - Northwest Crossing submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Houston Metro market, the Fairbanks - Northwest Crossing region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 187 listings have come on the market, so you'll want to check back regularly for new listings. 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 880 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1983 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fairbanks - Northwest Crossing residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.