The typical asking rate per listing is in the $20's per square foot per year. The East Oak Hill region is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Greater Austin market, the East Oak Hill region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 8 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the East Oak Hill are subleases, so you might be able to find a shorter term or below market rent. 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 4,110 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst East Oak Hill residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.