Govalle-Johnston Terrace Retail

Govalle-Johnston Terrace

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
1,090
As of: May 18, 2017

Govalle-Johnston Terrace Rates

On average, listings lease in the $30's per square foot per year. The Govalle-Johnston Terrace region is going through a a rise in rates. In the last 3 months, the median rate increased $37 per sqft per year.

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

Govalle-Johnston Terrace Listing Supply

In the last 90 days, 0 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Govalle-Johnston Terrace 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 1,090 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 2016 and are Class A.

Govalle-Johnston Terrace 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 market. Commute by car is the most popular way to get to work amongst Govalle-Johnston Terrace residents. Commuting approximately an hour and a half 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 Govalle-Johnston Terrace.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Govalle-Johnston Terrace.
Research