Govalle Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Govalle Rates

The typical asking rate per listing is in the $30's per square foot per year. The Govalle region is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% rise in rent.

Compared to the rest of the Greater Austin market, the Govalle submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Govalle Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,190 sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 1965.

Govalle 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 region. Commute by bike is the most popular way to get to work amongst Govalle occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.