North Burnet Commercial Real Estate

North Burnet

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,180

North Burnet Rates

Most listings are in the $20's per square foot per year. The North Burnet submarket is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Greater Austin market, the North Burnet region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

North Burnet Listing Supply

In the last 90 days, 149 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the listings in the North Burnet are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,180 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1994 and are Class A.

North Burnet Community

This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Burnet folk. Commuting approximately 15 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 North Burnet.
Research