On average, listings lease in the $30's per square foot per year. The Loma Graciosa region is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Greater Austin market, the Loma Graciosa region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new availabilities most likley are leasing quickly. 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 800 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 2006 and are Class B.
Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Loma Graciosa folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.