The typical asking rate per listing is in the $20's per square foot per year. The West Oak Hill submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 50% rise in rent.
Compared to the rest of the Greater Austin market, the West Oak Hill region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available space in the West Oak Hill are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 29,150 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 stories. 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. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West Oak Hill residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.