Compared to the rest of the Greater Austin market, the Allandale submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Allandale 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 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 2,430 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Allandale residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.