On average, listings lease in the $10's per square foot per year. The Wells Branch region is seeing a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Greater Austin market, the Wells Branch submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 0 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Wells Branch are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,580 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1991 and are Class B.