Hollywood Park Office Space

Hollywood Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,030
As of: August 16, 2017

Hollywood Park Rates

On average, listings lease in the $20's per square foot per year. The Hollywood Park submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.

Compared to the rest of the Greater Austin market, the Hollywood Park submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Hollywood Park Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 220% of the listings in the Hollywood Park 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.

The standard measurement for office space in this area is around 2,030 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built in 2011 and are Class A.

Hollywood Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the folk of Hollywood Park work from home. Commuting approximately 10 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 Hollywood Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hollywood Park.
Research

Hollywood Park Submarkets