The typical asking rate per listing is in the $20's per square foot per year. The San Felipe Square submarket is going through a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Houston Metro market, the San Felipe Square submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the San Felipe Square are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 11 stories. Most buildings in this market 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 market. Commute by car is the most popular way to get to work amongst San Felipe Square occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.