Parker Lane Office Space

Parker Lane

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
840
As of: December 9, 2016

Parker Lane Rates

The typical asking rate per listing is in the $30's per square foot per year. The Parker Lane region is going through a a boost in rates. In the last 3 months, the median rate rose $35 per sqft per year.

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

Parker Lane Listing Supply

In the last 90 days, 2 listings have been made available, which means listings 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 1,380 sqft. Most properties in this region are close to 4 floors. Most buildings in this area were built in 1986.

Parker Lane Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Parker Lane residents. 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 Parker Lane.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Parker Lane.
Research