Find University of Texas-Austin commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about University of Texas-Austin commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
On average, commerial real estate listings lease in the $40's per square foot per year. The University of Texas-Austin region is experiencing a an increase in rates. In the last 3 months, the median rate for lease increased $48 per sqft per year.
Compared to the rest of the Greater Austin commercial real estate market, the University of Texas-Austin submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 commercial real estate listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,630 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst University of Texas-Austin residents. Commuting between 20 and 25 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 University of Texas-Austin.
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