On average, listings lease in the $20's per square foot per year. The Cedar Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Greater Austin market, the Cedar Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Cedar Park 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.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 2007 and are Class A.