Most listings are in the $30's per square foot per year. The The Echelon submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $33 per sqft per year.
Compared to the rest of the Greater Austin market, the The Echelon 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, 8 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the The Echelon 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,420 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this area were built in 1984 and are Class A.
This region is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Echelon residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.