The typical asking rate per listing is in the $20's per square foot per year. The The Setting submarket is going through a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Greater Austin market, the The Setting region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 400% of the listings in the The Setting 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,280 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 2000 and are Class A.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst The Setting occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.