The typical asking rate per listing is in the $10's per square foot per year. The Leffler Commercial submarket is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Greater Austin market, the Leffler Commercial submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Leffler Commercial 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 770 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 2001 and are Class A.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Leffler Commercial folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.