Greater South River City Retail

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Greater South River City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,560
As of: June 23, 2017

Greater South River City Rates

Most listings are in the $50's per square foot per year. The Greater South River City region is experiencing a an increase in rates. In the last 3 months, the median rate rose $57 per sqft per year.

Compared to the rest of the Greater Austin market, the Greater South River City submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Greater South River City Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the Greater South River City 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.

Even though the median size is 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.

Greater South River City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the occupants of Greater South River City work from home. Commuting more than 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 Greater South River City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater South River City.
Research