South Lamar Office Space

South Lamar

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,070

South Lamar Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Lamar submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 29% decline in rent.

Compared to the rest of the Greater Austin market, the South Lamar submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

South Lamar Listing Supply

In the last 90 days, 9 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,070 sqft. Most properties in this region are approximately 4 floors. Most buildings in this region were built in 1987 and are Class B.

South Lamar Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst South Lamar residents. Commuting approximately 20 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 South Lamar.
Research