On average, listings lease in the $20's per square foot per year. The Centre Business Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the Houston Metro market, the Centre Business Park submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 11 listings have been made available, which means spaces 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 350 sqft. Most buildings in this market are around 11 stories. Most buildings in this region were built in 1983 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Centre Business Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.