Compared to the rest of the Greater Austin market, the Central Austin submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 120% of the listings in the Central Austin 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 1,200 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Central Austin occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.