On average, listings lease in the $20's per square foot per year. The Oak Hill submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Greater Austin market, the Oak Hill region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 9 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 22% of the available space in the Oak Hill 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,470 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Oak Hill folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.