On average, listings lease in the $30's per square foot per year. The Rollingwood region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Greater Austin market, the Rollingwood region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Rollingwood are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1984 and are Class A.