Highland Park West Office Space

Highland Park West

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,720
As of: June 26, 2017

Highland Park West Rates

The typical asking rate per listing is in the $30's per square foot per year. The Highland Park West region is seeing a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.

Compared to the rest of the Greater Austin market, the Highland Park West region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Highland Park West Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 700% of the available leases in the Highland Park West are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,720 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories.

Highland Park West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the occupants of Highland Park West 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 Highland Park West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Highland Park West.
Research