The typical asking rate per listing is in the $30's per square foot per year. The Highland Park West submarket is going through a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the Greater Austin market, the Highland Park West region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 700% of the listings in the Highland Park West are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region 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 region. Most of the residents 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.