The typical asking rate per listing is in the $20's per square foot per year. The Hollywood Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Greater Austin market, the Hollywood Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 140% of the office spaces in the Hollywood Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,020 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 2011 and are Class A.