North Shoal Creek Office Space

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8701 N Mopac Expy - 3 Spaces North Shoal Creek, Austin, TX 2017 NNN expenses: $12.08
Sep 16
1,370 - 10,690
sqft
Sublease Office

North Shoal Creek

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,900

North Shoal Creek Rates

On average, listings lease in the $20's per square foot per year. The North Shoal Creek submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Greater Austin market, the North Shoal Creek submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

North Shoal Creek Listing Supply

In the last 90 days, 98 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the North Shoal Creek are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this market were built in 1983 and are Class A.

North Shoal Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst North Shoal Creek occupants. Commuting around an hour 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 North Shoal Creek.
Research