The typical asking rate per listing is in the $30's per square foot per year. The Palisades West submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year.
Compared to the rest of the Greater Austin market, the Palisades West region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have come on the market, which means leases might be 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.
Even though the median size is 3,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 4 stories.
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 market. Commute by car is the most popular way to get to work amongst Palisades West occupants. Commuting between 30 and 45 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 Palisades West.
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