Most listings are in the $20's per square foot per year. The Hollywood Park submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Greater Austin market, the Hollywood Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 220% of the available leases in the Hollywood Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,030 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 2011 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the folk of Hollywood Park work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.