On average, listings lease in the $30's per square foot per year. The Bartons Bluff-Spyglass submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 23% increase in rent.
Compared to the rest of the Greater Austin market, the Bartons Bluff-Spyglass region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Bartons Bluff-Spyglass 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 8,160 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bartons Bluff-Spyglass residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.