Most listings are in the $30's per square foot per year. The Washington Avenue - Memorial Park region is experiencing a a rise in rates. In the last 3 months, the median rate increased $38 per sqft per year.
Compared to the rest of the Houston Metro market, the Washington Avenue - Memorial Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 47% of the listings in the Washington Avenue - Memorial Park 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,280 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Most of the folk of Washington Avenue - Memorial Park work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.