The typical asking rate per listing is in the $20's per square foot per year. The Leffler Commercial submarket is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Greater Austin market, the Leffler Commercial region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Leffler Commercial 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 available, so finding a space for a small business might be tough.
Even though the median size is 14,480 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 2001 and are Class A.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Leffler Commercial folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.