On average, listings lease in the $10's per square foot per year. The East Shore submarket is seeing a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 55% decline in rent.
Compared to the rest of the Houston Metro market, the East Shore region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,690 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1983 and are Class A.
Health care is the dominant industry in this area. Most of the occupants of East Shore work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.