On average, listings lease in the $20's per square foot per year. The Southwest Houston region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Houston Metro market, the Southwest Houston submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 179 listings have come on the market, so you'll want to check back regularly for new listings. 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 790 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southwest Houston occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.