On average, listings lease in the $30's per square foot per year. The Bouldin Creek submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Greater Austin market, the Bouldin Creek submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,150 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 9 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bouldin Creek folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.