The typical asking rate per listing is in the $20's per square foot per year. The Shavano Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Greater Austin market, the Shavano Park submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 8 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 38% of the office spaces in the Shavano 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.
Even though the median size is 16,850 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 2008 and are Class A.