On average, listings lease in the $20's per square foot per year. The Loma Graciosa submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Austin market, the Loma Graciosa region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Loma Graciosa 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 2006 and are Class B.
Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Loma Graciosa residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.