The typical asking rate per listing is in the $20's per square foot per year. The Brentwood - Highland region is experiencing a decline in rates. In the last 3 months, the median rate fell $42 per sqft per year. That's a 64% decline in rent.
Compared to the rest of the Greater Austin market, the Brentwood - Highland submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 7 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available leases in the Brentwood - Highland 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this area are around 5 stories. Most buildings in this market were built in 1982 and are Class B.
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 market. Commute by public transit is the most popular way to get to work amongst Brentwood - Highland residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.