On average, listings lease in the $20's per square foot per year. The Greystone Center submarket is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Greater Austin market, the Greystone Center region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have come on the market, which means listings 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 1,670 sqft.
A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Greystone Center residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.