On average, listings lease in the $30's per square foot per year. The Barton Hills region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Greater Austin market, the Barton 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, 12 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Barton Hills are subleases, so you will probably have to focus your search on direct office leases. 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 3,590 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Barton Hills occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.