The typical asking rate per listing is in the $20's per square foot per year. The Regency Square Office Park region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Houston Metro market, the Regency Square Office Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 53 listings have been listed, so you'll want to check back regularly for new listings. About 108% of the listings in the Regency Square Office Park 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.
The standard measurement for office space in this area is around 720 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1979 and are Class B.
This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Most of the residents of Regency Square Office Park work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.