On average, listings lease in the $30's per square foot per year. The West Lake Hills region is seeing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Greater Austin market, the West Lake Hills submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 860 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1985 and are Class B.