On average, listings lease in the $60's per square foot per year. The Hunters Creek region is going through a an increase in rates. In the last 3 months, the median rate rose $67 per sqft per year.
Compared to the rest of the Greater Austin market, the Hunters Creek region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Hunters Creek 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 150 sqft. Most buildings in this region were built in 2016 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Hunters Creek residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.