On average, listings lease in the $20's per square foot per year. The Chinatown region is seeing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Houston Metro market, the Chinatown region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 79 listings have been made available, so you'll want to check back regularly for new listings. About 65% of the office spaces in the Chinatown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 560 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Chinatown occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.