Westlake Crossroads Retail

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Westlake Crossroads

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,330
As of: June 23, 2017

Westlake Crossroads Rates

Most listings are in the $20's per square foot per year. The Westlake Crossroads submarket is going through a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Greater Austin market, the Westlake Crossroads submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Westlake Crossroads Listing Supply

In the last 90 days, 4 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 50% of the office spaces in the Westlake Crossroads 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.

The standard measurement for office space in this area is around 1,330 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1982 and are Class B.

Westlake Crossroads Community

This area is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Most of the residents of Westlake Crossroads work from home. Commuting between 20 and 25 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 Westlake Crossroads.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westlake Crossroads.
Research