Old West Austin Retail

Old West Austin

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
3,000
As of: June 23, 2017

Old West Austin Rates

On average, listings lease in the $40's per square foot per year. The Old West Austin region is going through a a boost in rates. In the last 3 months, the median rate increased $42 per sqft per year.

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

Old West Austin Listing Supply

In the last 90 days, 5 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 120% of the available space in the Old West Austin are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 1962 and are Class A.

Old West Austin 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 motorcycle is the most popular way to get to work amongst Old West Austin residents. Commuting close to 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 Old West Austin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old West Austin.
Research