Most listings are in the $30's per square foot per year. The The Austin Center region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Greater Austin market, the The Austin Center 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 made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the The Austin Center 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 9,557 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1994 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst The Austin Center residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.