The typical asking rate per listing is in the $30's per square foot per year. The Greater South River City region is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Greater Austin market, the Greater South River City submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means leases are probably 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.
Even though the median size is 3,380 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the occupants of Greater South River City work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.