The typical asking rate per listing is in the $20's per square foot per year. The Oak Hill region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% 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, 15 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Oak Hill 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,110 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market 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 region. 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.