The typical asking rate per listing is in the $20's per square foot per year. The North Shoal Creek region is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Greater Austin market, the North Shoal Creek submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 13 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the North Shoal Creek 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 3,310 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 4 floors. Most buildings in this market were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst North Shoal Creek residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.