On average, listings lease in the $20's per square foot per year. The Columbia Oaks region is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 28% decrease in rent.
Compared to the rest of the Greater Austin market, the Columbia Oaks submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 30 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Columbia Oaks 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 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 1,490 sqft. Most buildings in this region were built in 1985.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the folk of Columbia Oaks work from home. Commuting close to 30 minutes 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 Columbia Oaks.
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