Most listings are in the $20's per square foot per year. The West Oak Hill submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 50% rise in rent.
Compared to the rest of the Greater Austin market, the West Oak Hill region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the West Oak Hill 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 29,150 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West Oak Hill occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.