On average, listings lease in the $30's per square foot per year. The Riata Corporate Park region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Greater Austin market, the Riata Corporate Park submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means listings might be 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 1,720 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1999 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Riata Corporate Park residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.