Central Austin Retail

Central Austin

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Central Austin Rates

Most listings are in the $20's per square foot per year. The Central Austin region is experiencing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 37% decrease in rent.

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

Central Austin Listing Supply

In the last 90 days, 12 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,820 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1983 and are Class A.

Central Austin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Central Austin folk. 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 Central Austin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Austin.