The typical asking rate per listing is in the $20's per square foot per year. The Hidden Valley submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $23 per sqft per year.
Compared to the rest of the Greater Austin market, the Hidden Valley submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the listings in the Hidden Valley 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 16,010 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this area were built in 1996 and are Class A.
Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Hidden Valley folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.