On average, listings lease in the $10's per square foot per year. The North Austin region is seeing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Greater Austin market, the North Austin region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been listed, which means new listings might be 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 25,920 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region were built in 1998.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst North Austin residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.