Most listings are in the $20's per square foot per year. The Hidden Valley submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Greater Austin market, the Hidden Valley region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 16,010 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this market were built in 1996 and are Class A.
Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Hidden Valley folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.