On average, listings lease in the $30's per square foot per year. The St. Johns - Coronado Hills submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $33 per sqft per year.
Compared to the rest of the Greater Austin market, the St. Johns - Coronado Hills region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 144% of the available space in the St. Johns - Coronado Hills 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.
The standard measurement for office space in this area is around 1,240 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1974 and are Class B.
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 car is the most popular way to get to work amongst St. Johns - Coronado Hills occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.