On average, listings lease in the $20's per square foot per year. The Westchase region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Houston Metro market, the Westchase submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 65 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Westchase are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,190 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Westchase folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.