East Riverside-Oltorf Office Space

East Riverside-Oltorf

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
1,960
As of: June 27, 2017

East Riverside-Oltorf Rates

The typical asking rate per listing is in the $30's per square foot per year. The East Riverside-Oltorf region is seeing a an increase in rates. In the last 3 months, the median rate increased $35 per sqft per year.

Compared to the rest of the Greater Austin market, the East Riverside-Oltorf region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

East Riverside-Oltorf Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the East Riverside-Oltorf are subleases, so you might be able to find a shorter term or below market rent. 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 1,960 sqft. Most buildings in this market are close to 4 stories. Most buildings in this area were built in 1986 and are Class A.

East Riverside-Oltorf Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst East Riverside-Oltorf occupants. Commuting between 30 and 45 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 East Riverside-Oltorf.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East Riverside-Oltorf.
Research