Most listings are in the $10's per square foot per year. The East Congress submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Greater Austin market, the East Congress region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst East Congress residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.