On average, listings lease in the $20's per square foot per year. The Shepherd Mountain submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the Greater Austin market, the Shepherd Mountain region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Shepherd Mountain 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1985 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Shepherd Mountain occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.