Most listings are in the $40's per square foot per year. The Shepherd Mountain submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $27 per sqft per year. That's a 194% rise in rent.
Compared to the rest of the Greater Austin market, the Shepherd Mountain submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Shepherd Mountain 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,290 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1985 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Shepherd Mountain residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.