The typical asking rate per listing is in the $30's per square foot per year. The Cedar Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 27% increase in rent.
Compared to the rest of the Greater Austin market, the Cedar Park submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been listed, which means office spaces might be going fast. 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.
Even though the median size is 8,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 2014 and are Class A.