Compared to the rest of the Greater Austin market, the Downtown Austin region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 63 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available space in the Downtown Austin 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 10 stories. Most buildings in this region were built in 1974 and are Class A.
This region is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Austin folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.