Most listings are in the $40's per square foot per year. The Barton Creek Highlands region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Greater Austin market, the Barton Creek Highlands region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Barton Creek Highlands are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,360 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 floors.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Most of the occupants of Barton Creek Highlands work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.