Hancock Office Space

Hancock

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,320

Compared to the rest of the Greater Austin market, the Hancock submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hancock Listing Supply

In the last 90 days, 16 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Hancock are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region were built in 2009 and are Class A.

Hancock Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Hancock residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Hancock.
Research