On average, listings lease in the $20's per square foot per year. The Westlake Medical Center submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Greater Austin market, the Westlake Medical Center region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,320 sqft.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Most of the folk of Westlake Medical Center work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.