Most listings are in the $30's per square foot per year. The Highland Park West submarket is going through a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 37% rise in rent.
Compared to the rest of the Greater Austin market, the Highland Park West submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Highland Park West 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.
The standard measurement for office space in this area is around 1,370 sqft. Most properties in this area are close to 2 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the occupants of Highland Park West work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.