On average, listings lease in the $10's per square foot per year. The East Shore submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Houston Metro market, the East Shore submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,530 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1983 and are Class A.
Health care is the dominant industry in this region. Most of the residents of East Shore work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.