Most listings are in the $50's per square foot per year. The Greater South River City region is experiencing a an increase in rates. In the last 3 months, the median rate rose $57 per sqft per year.
Compared to the rest of the Greater Austin market, the Greater South River City submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the Greater South River City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties 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.