The typical asking rate per listing is in the $20's per square foot per year. The Castle Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 69% rise in rent.
Compared to the rest of the Greater Austin market, the Castle Hills submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 18 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 240 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Castle Hills residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.