On average, listings lease in the $20's per square foot per year. The Westlake Crossroads region is experiencing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.
Compared to the rest of the Greater Austin market, the Westlake Crossroads submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Westlake Crossroads 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.
The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1982 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Most of the occupants of Westlake Crossroads work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.