Most listings are in the $40's per square foot per year. The Westlake Oaks Executive Park submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $41 per sqft per year.
Compared to the rest of the Greater Austin market, the Westlake Oaks Executive Park submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the available space in the Westlake Oaks Executive Park 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.
The standard measurement for office space in this area is around 2,250 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1985 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Most of the residents of Westlake Oaks Executive Park 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.