On average, listings lease in the $20's per square foot per year. The Southwest Techniplex region is seeing a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Houston Metro market, the Southwest Techniplex region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means listings might be leasing quickly. 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.
Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 6 floors. 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. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Southwest Techniplex residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.