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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Leffler Commercial submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $1 per sqft per year.
Compared to the rest of the Greater Austin commercial real estate market, the Leffler Commercial region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 38 commercial real estate listings have come on the market, which means leases might be going fast. 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 size for office space in this area is around 2,480 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built close to 1999 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Leffler Commercial occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Leffler Commercial.
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