Govalle-Johnston Terrace Office Space

Govalle-Johnston Terrace

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Govalle-Johnston Terrace Rates

The typical asking rate per listing is in the $30's per square foot per year. The Govalle-Johnston Terrace region is going through a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Greater Austin market, the Govalle-Johnston Terrace region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Govalle-Johnston Terrace Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,190 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1965.

Govalle-Johnston Terrace Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Govalle-Johnston Terrace occupants. Commuting around an hour and a half 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 Govalle-Johnston Terrace.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Govalle-Johnston Terrace.