Westlake Crossroads Industrial

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Westlake Crossroads

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,985
As of: January 22, 2017

Westlake Crossroads Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westlake Crossroads submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 16% increase in rent.

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

Westlake Crossroads Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,985 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1982 and are Class B.

Westlake Crossroads Community

This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Most of the residents of Westlake Crossroads work from home. Commuting between 20 and 25 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 Westlake Crossroads.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westlake Crossroads.
Research