Westlake Crossroads Industrial

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Westlake Crossroads

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Westlake Crossroads Rates

Most listings are in the $20's per square foot per year. The Westlake Crossroads submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

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

Westlake Crossroads Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Westlake Crossroads 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,040 sqft. Most properties in this region are around 3 floors. 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 area. 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.