Most listings are in the $30's per square foot per year. The San Felipe Green submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Houston Metro market, the San Felipe Green submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the listings in the San Felipe Green 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.
The standard measurement for office space in this area is around 2,010 sqft. Most properties in this region are around 8 floors. Most buildings in this market were built in 1976 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of San Felipe Green work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.