On average, listings lease in the $10's per square foot per year. The Leon Valley submarket is going through a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Greater Austin market, the Leon Valley region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 11 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 9% of the available leases in the Leon Valley are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 7,460 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1983 and are Class B.