Most listings are in the $20's per square foot per year. The Oak Hill region is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Greater Austin market, the Oak Hill region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 8 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 138% of the listings in the Oak Hill 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 9,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region 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 around an hour a day is the norm for those who opt to reside in this part of town.