The typical asking rate per listing is in the $20's per square foot per year. The Southbelt - Ellington region is seeing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Houston Metro market, the Southbelt - Ellington region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,270 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the residents of Southbelt - Ellington 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.