The typical asking rate per listing is in the $20's per square foot per year. The North Loop region is seeing a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Austin market, the North Loop region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the North Loop 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.
The standard measurement for office space in this area is around 850 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Loop residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.