Most listings are in the $20's per square foot per year. The West Lake Hills submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 29% decline in rent.
Compared to the rest of the Greater Austin market, the West Lake Hills submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 85 listings have been posted online, so you'll want to check back regularly for new listings. About 19% of the listings in the West Lake Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 670 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in West Lake Hills.
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