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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Shepherd Mountain region is going through a decline in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.
Compared to the rest of the Greater Austin commercial real estate market, the Shepherd Mountain region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 13 commercial real estate listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,650 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built close to 1985 and are Class B.
A large portion of this region is residential, but there's plenty of office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Shepherd Mountain residents. Commuting between 20 and 25 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 Shepherd Mountain.
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