The Setting Office Space

The Setting

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
45,240
As of: August 19, 2017

The Setting Rates

On average, listings lease in the $20's per square foot per year. The The Setting region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

The Setting Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the The Setting 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 45,240 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this area were built in 2000 and are Class A.

The Setting Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Setting folk. 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 The Setting.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Setting.
Research