On average, listings lease in the $10's per square foot per year. The Leffler Commercial region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Greater Austin market, the Leffler Commercial submarket has less expensive 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 spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Leffler Commercial are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 770 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 2001 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. 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.