Westpark Square Professional Center Office Space

Westpark Square Professional Center

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
200
As of: February 26, 2017

Westpark Square Professional Center Rates

The typical asking rate per listing is in the $50's per square foot per year. The Westpark Square Professional Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 42% rise in rent.

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

Westpark Square Professional Center Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Westpark Square Professional Center are subleases, so you might be able to snag a great spot on a short term. 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 200 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 2002 and are Class A.

Westpark Square Professional Center Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Westpark Square Professional Center residents. Commuting between 20 and 25 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 Westpark Square Professional Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westpark Square Professional Center.
Research