Old West Austin Commercial Real Estate

Old West Austin

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,690

Old West Austin Rates

Most listings are in the $30's per square foot per year. The Old West Austin region is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 16% decline in rent.

Compared to the rest of the Greater Austin market, the Old West Austin submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Old West Austin Listing Supply

In the last 90 days, 46 listings have come on the market, so you'll want to check back regularly for new listings. About 35% of the available space in the Old West Austin are subleases, so you might be able to snag a great spot on a short term. 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 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 1965 and are Class A.

Old West Austin Community

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 area. Commute by motorcycle is the most popular way to get to work amongst Old West Austin occupants. Commuting approximately an hour and a half 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 Old West Austin.
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