On average, listings lease in the $30's per square foot per year. The University Hills and Windsor Park region is seeing a decrease in rates. In the last 3 months, the median rate fell $57 per sqft per year. That's a 63% decline in rent.
Compared to the rest of the Greater Austin market, the University Hills and Windsor Park submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means new availabilities might be going fast. 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 290 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst University Hills and Windsor Park residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.