River Place Centre Sublease

River Place Centre

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,150
As of: June 22, 2017

River Place Centre Rates

The typical asking rate per listing is in the $20's per square foot per year. The River Place Centre submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.

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

River Place Centre Listing Supply

In the last 90 days, 0 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the River Place Centre are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,150 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this market were built in 2000 and are Class A.

River Place Centre Community

This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Most of the occupants of River Place Centre work from home. Commuting between 30 and 45 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 River Place Centre.
Market Report

Market Data

Real time and historical data on commercial real estate listings in River Place Centre.
Research