Compared to the rest of the Greater Austin market, the Parker Lane submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 26 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Parker Lane are subleases, so you will probably have to focus your search on direct office leases. 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 3,220 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this market were built in 1986.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Parker Lane folk. 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 Parker Lane.
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