On average, listings lease in the $20's per square foot per year. The Grogan's Mill region is seeing a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Houston Metro market, the Grogan's Mill submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the office spaces in the Grogan's Mill are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 11,260 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1985 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 residents of Grogan's Mill work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.