Most listings are in the $30's per square foot per year. The St. Johns - Coronado Hills region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Greater Austin market, the St. Johns - Coronado Hills submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 178% of the available space in the St. Johns - Coronado Hills 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,420 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1974 and are Class B.
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 car is the most popular way to get to work amongst St. Johns - Coronado Hills occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.