The typical asking rate per listing is in the $20's per square foot per year. The Regency Square Office Park submarket is going through a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.
Compared to the rest of the Houston Metro market, the Regency Square Office Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. About 55% of the available space in the Regency Square Office Park are subleases, so you might be able to find a shorter term or below market rent. 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 750 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1979 and are Class B.
This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this market. Most of the occupants of Regency Square Office Park work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.