Most listings are in the $40's per square foot per year. The Westlake Oaks Executive Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 19% increase in rent.
Compared to the rest of the Greater Austin market, the Westlake Oaks Executive Park region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 8,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1985 and are Class B.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Most of the residents of Westlake Oaks Executive Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.