Most listings are in the $20's per square foot per year. The Highland submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Greater Austin market, the Highland region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 60% of the office spaces in the Highland 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Highland residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.