On average, listings lease in the $10's per square foot per year. The North Austin region is seeing a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Greater Austin market, the North Austin region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available space in the North Austin are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 17,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market 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 area. Commute by bike is the most popular way to get to work amongst North Austin folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.