The typical asking rate per listing is in the $20's per square foot per year. The Riata Corporate Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Greater Austin market, the Riata Corporate Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Riata Corporate Park are subleases, so you might be able to snag a great spot on a short term. 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 14,050 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1999 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Riata Corporate Park occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.