Most listings are in the $30's per square foot per year. The St. Johns submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Greater Austin market, the St. Johns region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 76 listings have been posted online, so you'll want to check back regularly for new listings. About 24% of the office spaces in the St. Johns are subleases, so you might be able to find a shorter term or below market rent. 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 1,240 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst St. Johns residents. Commuting around 20 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 St. Johns.
Get email notifications when new listings are posted that match your requirements.