North Burnet Office Space

North Burnet

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,070
As of: June 22, 2017

North Burnet Rates

On average, listings lease in the $20's per square foot per year. The North Burnet region is experiencing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Compared to the rest of the Greater Austin market, the North Burnet region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

North Burnet Listing Supply

In the last 90 days, 11 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 164% of the office spaces in the North Burnet 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.

Even though the median size is 7,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 2002 and are Class A.

North Burnet Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Burnet occupants. Commuting approximately 15 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 North Burnet.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Burnet.
Research