On average, listings lease in the $30's per square foot per year. The North Burnet region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Greater Austin market, the North Burnet region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,870 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 1994 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Burnet folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.