On average, listings lease in the $20's per square foot per year. The The Bluffs of Great Hills submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Greater Austin market, the The Bluffs of Great Hills region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,020 sqft. Most buildings in this area were built in 2008 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the occupants of The Bluffs of Great Hills work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.