Most listings are in the $20's per square foot per year. The The Setting region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Greater Austin market, the The Setting submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 400% of the office spaces in the The Setting 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.
Even though the median size is 4,280 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 2000 and are Class A.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Setting residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.