On average, listings lease in the $30's per square foot per year. The Three Fountain Square region is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Houston Metro market, the Three Fountain Square region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Three Fountain 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.
The standard measurement for office space in this area is around 1,920 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1978 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 area. Most of the folk of Three Fountain Square work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.