On average, listings lease in the $20's per square foot per year. The Oak Hill submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Austin market, the Oak Hill region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 9 listings have been posted online, which means new availabilities are probably leasing quickly. 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.
Even though the median size is 2,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Oak Hill folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.