Most listings are in the $10's per square foot per year. The Hidden Valley region is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Greater Austin market, the Hidden Valley submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 13 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 23% of the office spaces in the Hidden Valley 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.
Even though the median size is 12,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this market were built in 1996 and are Class A.
Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Hidden Valley occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.