On average, listings lease in the $10's per square foot per year. The North Loop region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Greater Austin market, the North Loop region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 17 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 840 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1983.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Loop residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.