On average, listings lease in the $20's per square foot per year. The Westchase submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the Houston Metro market, the Westchase submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 38 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Westchase are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,020 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Westchase folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.