St. Johns Office Space

St. Johns

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,420
As of: August 20, 2017

St. Johns Rates

The typical asking rate per listing is in the $30's per square foot per year. The St. Johns submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

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

St. Johns Listing Supply

In the last 90 days, 9 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 189% of the available space in the St. Johns 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,420 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1974 and are Class B.

St. Johns 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 market. Commute by car is the most popular way to get to work amongst St. Johns occupants. Commuting approximately 20 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 St. Johns.
Market Report

Market Data

Real time and historical data on commercial real estate listings in St. Johns.
Research