Lake Creek Shopping Center Sublease

Lake Creek Shopping Center

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
1,280
As of: August 19, 2017

Lake Creek Shopping Center Rates

The typical asking rate per listing is in the $40's per square foot per year. The Lake Creek Shopping Center region is seeing a a boost in rates. In the last 3 months, the median rate went up $44 per sqft per year.

Compared to the rest of the Greater Austin market, the Lake Creek Shopping Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Lake Creek Shopping Center Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Lake Creek Shopping Center 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,280 sqft. Most properties in this market are close to 10 stories. Most buildings in this area were built in 2008 and are Class A.

Lake Creek Shopping Center Community

Public administration is the dominant industry in this area. Most of the residents of Lake Creek Shopping Center 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 Lake Creek Shopping Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Creek Shopping Center.
Research