Most listings are in the $20's per square foot per year. The North Shoal Creek submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Greater Austin market, the North Shoal Creek submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 13 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 31% of the listings in the North Shoal Creek 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this market were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst North Shoal Creek occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.