On average, listings lease in the $20's per square foot per year. The North Burnet - Gateway region is seeing a an increase in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Greater Austin market, the North Burnet - Gateway submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 11 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 127% of the available space in the North Burnet - Gateway 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,340 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1999 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst North Burnet - Gateway folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.