On average, listings lease in the $20's per square foot per year. The North Burnet - Gateway submarket is going through a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year.
Compared to the rest of the Greater Austin market, the North Burnet - Gateway region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 11 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 164% of the available space in the North Burnet - Gateway are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1999 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst North Burnet - Gateway occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.