Downtown Austin Industrial

Downtown Austin

Office Space Market Report

Number of Listings (last 90 days)
79
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
4,150
As of: July 19, 2017

Downtown Austin Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Austin submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 17% decrease in rent.

Compared to the rest of the Greater Austin market, the Downtown Austin region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Austin Listing Supply

In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 68% of the available leases in the Downtown 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 4,030 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 9 stories. Most buildings in this market were built in 1974 and are Class A.

Downtown Austin Community

This region is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Austin folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Austin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Austin.
Research