Northwest Austin Sublease

Northwest Austin

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,330
As of: June 25, 2017

Northwest Austin Rates

On average, listings lease in the $20's per square foot per year. The Northwest Austin submarket is going through a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year.

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

Northwest Austin Listing Supply

In the last 90 days, 17 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 141% of the available space in the Northwest 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 3,330 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1993 and are Class A.

Northwest Austin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northwest Austin residents. Commuting under 5 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 Northwest Austin.
Market Report

Market Data

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