The typical asking rate per listing is in the $40's per square foot per year. The Westlake Oaks Executive Park region is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Greater Austin market, the Westlake Oaks Executive Park region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Westlake Oaks Executive Park 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1985 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Most of the folk 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.