The typical asking rate per listing is in the $20's per square foot per year. The Grogan's Mill submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Houston Metro market, the Grogan's Mill submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 23 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the Grogan's Mill 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1997 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 around an hour and a half a day is the norm for those who opt to reside in this part of town.