Most listings are in the $20's per square foot per year. The Leffler Commercial submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Greater Austin market, the Leffler Commercial region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Leffler Commercial 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 available, so finding a space for a small business might be tough.
Even though the median size is 14,480 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 2001 and are Class A.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Leffler Commercial occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.