North Loop Sublease

North Loop

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
850
As of: January 23, 2017

North Loop Rates

The typical asking rate per listing is in the $10's per square foot per year. The North Loop region is going through a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year.

Compared to the rest of the Greater Austin market, the North Loop submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

North Loop Listing Supply

In the last 90 days, 17 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 850 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1983.

North Loop Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Loop residents. Commuting approximately 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 Loop.
Market Report

Market Data

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