Most listings are in the $30's per square foot per year. The Westpark Square Professional Center submarket is going through a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.
Compared to the rest of the Greater Austin market, the Westpark Square Professional Center region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 21 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Westpark Square Professional Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 2002 and are Class A.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Westpark Square Professional Center occupants. 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 Westpark Square Professional Center.
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