On average, listings lease in the $30's per square foot per year. The Westlake Oaks Executive Park region is experiencing a a boost in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 53% rise in rent.
Compared to the rest of the Greater Austin market, the Westlake Oaks Executive Park submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 940 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1985.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Most of the folk of Westlake Oaks Executive Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.