On average, listings lease in the $10's per square foot per year. The Hidden Valley region is seeing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the Greater Austin market, the Hidden Valley submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 15 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Hidden Valley 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 posted, so finding a space for a small business might be tough.
Even though the median size is 16,010 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 1996 and are Class A.
Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Hidden Valley occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.