The typical asking rate per listing is in the $40's per square foot per year. The Memorial City region is going through a a boost in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Houston Metro market, the Memorial City region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Memorial City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,140 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 7 stories. Most buildings in this market were built in 1983 and are Class A.
Education is the dominant industry in this region. Most of the residents of Memorial City work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.