On average, listings lease in the $10's per square foot per year. The Lake Creek Shopping Center region is going through a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Greater Austin market, the Lake Creek Shopping Center region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Lake Creek Shopping Center 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 available, so finding a space for a small business might be tough.
Even though the median size is 12,020 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 10 stories. Most buildings in this region were built in 2008 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Lake Creek Shopping Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.