The typical asking rate per listing is in the $60's per square foot per year. The Hunters Creek Business Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $67 per sqft per year.
Compared to the rest of the Greater Austin market, the Hunters Creek Business Park submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Hunters Creek Business Park 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 available, 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 area were built in 2016 and are Class A.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Hunters Creek Business Park folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.