The typical asking rate per listing is in the $20's per square foot per year. The Hidden Valley region is going through a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Greater Austin market, the Hidden Valley region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 16,010 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 5 stories. Most buildings in this market were built in 1996 and are Class A.
Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Hidden Valley folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.