North Burnet Retail

North Burnet

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
5,180
As of: August 22, 2017

North Burnet Rates

Most listings are in the $20's per square foot per year. The North Burnet region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Greater Austin market, the North Burnet region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

North Burnet Listing Supply

In the last 90 days, 11 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 291% of the available leases in the North Burnet 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 5,180 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1994 and are Class A.

North Burnet Community

A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Burnet residents. Commuting close to 15 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 North Burnet.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Burnet.
Research