On average, listings lease in the $20's per square foot per year. The Heritage Hills region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Greater Austin market, the Heritage Hills region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 8 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Heritage Hills 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 7,950 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region 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. Professional services is the dominant industry in this area. Most of the residents of Heritage Hills 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.