On average, listings lease in the $20's per square foot per year. The North Burnet - Gateway submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Greater Austin market, the North Burnet - Gateway submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 11 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 191% of the available leases in the North Burnet - Gateway 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.
Even though the median size is 3,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 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 residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.