On average, listings lease in the $20's per square foot per year. The Richmond submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Houston Metro market, the Richmond region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 1,400 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1975 and are Class B.