The typical asking rate per listing is in the $20's per square foot per year. The Oak Hill region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Greater Austin market, the Oak Hill submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 10 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Oak Hill are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,120 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market 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 folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.