Northwest Austin Industrial

Northwest Austin

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,330
As of: June 24, 2017

Northwest Austin Rates

Most listings are in the $20's per square foot per year. The Northwest Austin region is seeing a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Greater Austin market, the Northwest Austin submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Northwest Austin Listing Supply

In the last 90 days, 17 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 147% of the listings in the Northwest Austin are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,900 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1993 and are Class A.

Northwest Austin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northwest Austin occupants. Commuting under 5 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 Northwest Austin.
Market Report

Market Data

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