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: May 25, 2017

North Burnet Rates

Most listings are in the $20's per square foot per year. The North Burnet region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.

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

North Burnet Listing Supply

In the last 90 days, 11 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 18% of the available space in the North Burnet 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 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 spaces below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1994 and are Class A.

North Burnet Community

A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Burnet residents. Commuting close to 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