East Riverside-Oltorf Office Space

East Riverside-Oltorf

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,570
As of: March 12, 2017

East Riverside-Oltorf Rates

The typical asking rate per listing is in the $20's per square foot per year. The East Riverside-Oltorf submarket is going through a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 36% decline in rent.

Compared to the rest of the Greater Austin market, the East Riverside-Oltorf submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

East Riverside-Oltorf Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases might be going fast. 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 4,570 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this market 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 region. Commute by walking is the most popular way to get to work amongst East Riverside-Oltorf folk. 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