The typical asking rate per listing is in the $20's per square foot per year. The Brentwood - Highland submarket is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Greater Austin market, the Brentwood - Highland submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available leases in the Brentwood - Highland are subleases, so you will probably have to focus your search on direct office leases. 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 2,380 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Brentwood - Highland residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Brentwood - Highland.
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