On average, listings lease in the $20's per square foot per year. The Lake Pointe submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year.
Compared to the rest of the Greater Austin market, the Lake Pointe region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the listings in the Lake Pointe are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 2000 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lake Pointe occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.