The typical asking rate per listing is in the $30's per square foot per year. The Castle Hills submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Greater Austin market, the Castle Hills region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 60 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Castle Hills 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1982 and are Class B.
Real time and historical data on commercial real estate listings in Castle Hills.
Get email notifications when new listings are posted that match your requirements.