Most listings are in the $40's per square foot per year. The Hardrock Canyon region is seeing a an increase in rates. In the last 3 months, the median rate increased $49 per sqft per year.
Compared to the rest of the Greater Austin market, the Hardrock Canyon submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Hardrock Canyon are subleases, so you might be able to snag a great spot on a short term. 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 3,380 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 5 stories. Most buildings in this area were built in 1993 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hardrock Canyon folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.