On average, listings lease in the $30's per square foot per year. The Oak Hill region is seeing a a rise in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Greater Austin market, the Oak Hill region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 225% of the office spaces in the Oak Hill are subleases, so you might be able to snag a great spot on a short term. 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 9,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Oak Hill residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.