On average, listings lease in the $30's per square foot per year. The Shepherd Mountain submarket is going through a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 37% rise in rent.
Compared to the rest of the Greater Austin market, the Shepherd Mountain submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 0 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Shepherd Mountain are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,750 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1985 and are Class B.
A large portion of this area 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.