On average, listings lease in the $30's per square foot per year. The South River City region is going through a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Greater Austin market, the South River City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the South River City 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,590 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South River City occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.