Most listings are in the $20's per square foot per year. The St. Johns submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.
Compared to the rest of the Greater Austin market, the St. Johns submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 9 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the St. Johns are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,560 sqft. Most buildings in this region are close to 3 floors. Most buildings in this region were built in 1974 and are Class B.
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 market. Commute by car is the most popular way to get to work amongst St. Johns folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.