On average, listings lease in the $20's per square foot per year. The South Shore Harbour and Marina region is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Houston Metro market, the South Shore Harbour and Marina region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 18 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 1,600 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1989 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst South Shore Harbour and Marina occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.