The typical asking rate per listing is in the $20's per square foot per year. The Spring Valley Village region is seeing a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the Houston Metro market, the Spring Valley Village region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Spring Valley Village 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.
Even though the median size is 4,720 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 2013 and are Class B.