The typical asking rate per listing is in the $20's per square foot per year. The Cedar Park submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Greater Austin market, the Cedar Park region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,319 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 2014 and are Class A.