On average, listings lease in the $20's per square foot per year. The Cardinal Hills region is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Austin market, the Cardinal Hills submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 860 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 2002 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Cardinal Hills folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.