On average, listings lease in the $20's per square foot per year. The Greystone Center region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Greater Austin market, the Greystone Center region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,670 sqft.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Greystone Center residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.