The typical asking rate per listing is in the $20's per square foot per year. The North Burnet submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Greater Austin market, the North Burnet submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 149 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available leases in the North Burnet 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,180 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1994 and are Class A.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Burnet folk. Commuting around 15 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 North Burnet.
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