The typical asking rate per listing is in the $30's per square foot per year. The Greater South River City submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Greater Austin market, the Greater South River City region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,320 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the folk of Greater South River City work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.