On average, listings lease in the $20's per square foot per year. The San Felipe Square submarket is going through a an increase in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Houston Metro market, the San Felipe Square region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 0 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the San Felipe Square 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 11 stories. Most buildings in this area were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst San Felipe Square folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.