The typical asking rate per listing is in the $20's per square foot per year. The Oak Hill region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Greater Austin market, the Oak Hill submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 15% of the available space in the Oak Hill 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 5,470 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 2002 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Oak Hill folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.